Market Live:
Sensex extends gains, Nifty eyes 9700; Tata Steel gains, TCS falls
Equity benchmarks
extended gains in opening trade Thursday, with the Nifty eyeing 9700 level
despite cautious trade in global peers ahead of UK elections and Comey
testimony.
The 30-share BSE
Sensex was up 52.93 points at 31,324.21 and the 50-share NSE Nifty gained 18.50
points at 9,682.40.
Tata Steel topped
the buying list among Sensex stocks, up nearly 4 percent followed by Dr Reddy's
Labs, HDFC, Tata Motors, Lupin, Aurobindo Pharma and Hindalco.
TCS, GAIL, ONGC, ITC,
Infosys, Tata Power and Bharti Infratel were under pressure.
The Indian rupee
retreated against the US dollar in early trade. It opened at 64.40, down 7
paise compared with previous closing level of 64.33 a dollar.
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