Sensex up over 100 points, Nifty nears 10,950; Infosys down 1%
Among sectors, automobiles, banks, energy and metal indices are trading in the green.
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Equities have extended gains, with Sensex rising over 100 points. The Nifty is near 10,950.
The Sensex is up 111.15 points or 0.31% at 36458.23, and the Nifty up 37.80 points or 0.35% at 10946.50. The market breadth was positive as 878 shares advanced, against a decline of 263 shares, while 44 shares were unchanged.Shares of oil marketing companies (OMCs) rose in trade on Wednesday morning as investors bet on fall in crude oil prices. Here is a look at their intraday chart. It is a good start to the market on Wednesday morning, with the Nifty surging past 10,900-mark.
The Sensex is up 94.64 points or 0.26% at 36441.72, while the Nifty is higher 30.50 points or 0.28% at 10939.20. The market breadth is positive as 378 shares advanced, against a decline of 68 shares, while 24 shares were unchanged.
Among sectors, automobiles, banks, energy and metal indices are trading in the green. Meanwhile, the Nifty IT index is down around half a percent due to appreciating rupee.
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