Benchmark indices continued to gain for a third consecutive session with the Nifty reclaiming 11,700 level intraday, driven by banks, FMCG and IT stocks. The BSE Sensex was up 84.60 points at 39,215.64 and the Nifty50 rose 24.90 points to 11,687.50 while Nifty Bank gained 165 points. But the market breadth was in favor of bears as about 1,350 shares declined against 1,099 advancing shares on the BSE.
India bulls Hsg, UPL, Kotak Mahindra, SBI and Tech Mahindra were top gainers. Yes Bank, Eicher Motors, GAIL, ONGC and NTPC were top losers.
Meanwhile, the rupee on Wednesday opened on a cautious note and fell 9 paise to 68.80 against the US dollar amid rising crude oil prices and foreign fund outflows.
Benchmark indices continued to gain for a third consecutive session with the Nifty reclaiming 11,700 level intraday, driven by banks, FMCG and IT stocks. The BSE Sensex was up 84.60 points at 39,215.64 and the Nifty50 rose 24.90 points to 11,687.50 while Nifty Bank gained 165 points. But the market breadth was in favor of bears as about 1,350 shares declined against 1,099 advancing shares on the BSE.
India bulls Hsg, UPL, Kotak Mahindra, SBI and Tech Mahindra were top gainers. Yes Bank, Eicher Motors, GAIL, ONGC and NTPC were top losers.
Meanwhile, the rupee on Wednesday opened on a cautious note and fell 9 paise to 68.80 against the US dollar amid rising crude oil prices and foreign fund outflows.
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