The Nifty 50 and Sensex opened on a strong note, with gains led by buying interest in IT and PSU banking stocks.
At 9:45 hours, the 30-share benchmark index was trading at 75031.54 up by 824.3 points or by 1.11 % and then NSE Nifty was at 23270.8 up by 268.65 points or by 1.17 %.
Sensex touched intraday high of 75204.64 and intraday low of 74535.26 The NSE Nifty touched intraday high of 23319.7 and intraday low of 23109.9
The top gainers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 198.15,+3.99%), State Bank of India (Rs. 1082.80,+3.23%), Mahindra & Mahindra Ltd. (Rs. 1379.55,+2.97%), NTPC Ltd. (Rs. 382.60,+2.31%), Larsen & Toubro Ltd. (Rs. 3508.35,+2.13%), among others.
The top losers of the BSE Sensex pack were HDFC Bank Ltd. (Rs. 788.00,-1.46%), Bajaj Finance Ltd. (Rs. 827.55,-0.53%), among others.
PSU index was at 21041.24 up by 539.67 points or by 2.63%. Mangalore Refinery And Petrochemicals Ltd. (Rs. 197.75,+6.95%), Gujarat Mineral Development Corporation Ltd. (Rs. 569.50,+6.64%), Hindustan Petroleum Corporation Ltd. (Rs. 343.35,+5.71%), Chennai Petroleum Corporation Ltd. (Rs. 1076.25,+5.29%), Canara Bank (Rs. 139.35,+4.70%),.
FMCG index was at 17402.91 down by 161.66 points or by 0.94%. Hatsun Agro Products Ltd. (Rs. 965.00,-2.80%), Dodla Dairy Ltd. (Rs. 1006.00,-1.60%), VST Industries Ltd. (Rs. 215.95,-1.37%), Bikaji Foods International Ltd. (Rs. 604.35,-1.28%), Gokul Agro Resources Ltd. (Rs. 182.10,-0.84%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3634 , shares advanced were 2808 while 654 shares declined and 172 were unchanged.