Live Stock Market Updates: Nifty Hovers Around 9,905

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Major indices have been holding their morning gains and are not witnessing any strong movement. Infosys and HDFC are top contributors to their gains. Nifty’s immediate support is placed at 9900 and resistance at 9940 mark.

Nifty PSU Bank index has turned into negative territory and is trading 4 points lower at 3,318 level. Canara Bank is top loser in the index trading at Rs 339.6 per share, down by 0.47%. Broader market indices have been outperforming the major indices in the market.

The S&P BSE Sensex is trading at 31,746 level up by 150 points, while NSE Nifty is trading at 9,904 level up 47 points. A total of 45 stocks registered a fresh 52-week high in trade today, while 27 stocks touched a new 52-week low on the NSE.

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