A high note dominates equity mood on Wednesday

Sensex and Nifty keep on their northward sojourn

Mumbai.

The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade. The Sensex of the BSE after opening at high of 36,928.06 points touched a low of 36,850.42 points. On Tuesday the Sensex closed at 36,825.10 points.

The Sensex is trading at 36,881.95 points up by 56.85 points or 0.15 per cent.

On the other hand, the broader 51-scrip Nifty at National Stock Exchange (NSE) opened at 11,148.40 points after closing at 11,134.30 points.

The Nifty is trading at 11,144.10 points in the morning.

However, after hitting a fresh record high in the opening tick, the Sensex is now off the day’ high points. The Nifty, too, failed to hit a fresh record, but is currently trading above 11,100-mark.

Among sectors, metals have extended their gains from the previous session, with the Nifty metals index up over 1.5 percent, while PSU banks are trading in the green too.

The Sensex is up 35.89 points or 0.10% at 36860.99, while the Nifty is up 1.50 points or 0.01% at 11135.80. The market breadth is positive as 1157 shares advanced, against a decline of 588 shares, while 104 shares were unchanged.

The Nifty Midcap index is up around 0.40 percent as well. Among stocks, shares of Symphony have tanked 19 percent after the company’s net profit for Q1 fell 49 percent.

Asian Paints, too, has fallen over 2 percent after its June quarter performance. Adani Ports, Vedanta, Bajaj Finserv and Indiabulls Housing are the top gainers, while Asian Paints and Airtel have lost the most.

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