Market Update: BPCL HPCL Top Nifty Gainers; SBI, Tata Steel Hit new 52-Week High

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Indian benchmark indices the Nifty and the Sensex were trading in the red with the Nifty50 shedding 20 points at 10274.95 while the Sensex was down 0.27 percent at 32952.30. The Bank Nifty was down 0.32 percent led byHDFC Bank, ICICI Bank and Federal Bank but the PSU banks namely Punjab National Bank maintained yet another bull run on Thursday morning with the stock up over 6 percent followed by State Bank of India which gained 2.31 percent. Yes Bank ahead of its Q2 numbers was also in the green, adding 2.32 percent.

From the midcap sector, oil & gas major HPCL gained 3.57 percent while Steel Authority of India jumped over 7 percent. IFCI and IDBI Bank were the other top midcap gainers.

From the Nifty50, the stocks which gained the most were BPCL which gained 3.28 percent followed by HPCL. Hindalco Industries, Indian Oil Corporation and Larsen & Toubro were the othet top Nifty gainers which gained over 2 percent each. The top Nifty gainers included SBI, PNB, Bank of Baroda, ICICI Bank and Axis Bank.

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