BusinessShare Market

Sensex extends gains to over 200 points, Nifty nears 10,600

Market breadth too remains at a healthy position

Mumbai.

It was a green tick on the market on Tuesday morning, with the Sensex rising over 100 points, while the Nifty is above 10,550-mark.

At 09:15 hrs, the Sensex was up 118.44 points or 0.34% at 35069.36, while the Nifty was up 37.70 points or 0.36% at 10561.70. The market breadth remained positive as 370 shares advanced, against a decline of 113 shares, while 15 shares are unchanged.

Among sectors, automobiles, energy, consumption and metals are trading strong, while there is some subdued movement in the pharmaceutical space.

In the broader market, the Nifty Midcap index is up 0.40 percent.

Shares of State Bank of India are higher by a percent, while Cipla is down 4 percent after the company posted poor results for the quarter.

At pre-open, equity benchmarks had begun higher, with the Nifty trading above 10,600.

At 09:00 hrs IST, the Sensex was up 154.89 points or 0.44% at 35105.81, while the Nifty is up 81.50 points or 0.77% at 10605.50.

Shares of SBI were up 3 percent in pre-opening, while Tata Motors is higher by 5 percent.

The Indian rupee has opened stronger by 17 paise.

Tags
advt