Market
Live: Nifty above 9,800, Sensex soars over 150 pts; Infosys gains
Equity
benchmarks started off Tuesday's trade on a strong note, with the Nifty
reclaiming 9,800 level, supported by broadbased buying.
The
30-share BSE Sensex was up 173.60 points at 31,432.45 and the 50-share NSE
Nifty rose 56.45 points to 9,810.80.
About
two shares advanced for every share falling on the BSE.
Infosys
rebounded 1 percent after 15 percent correction in previous two consecutive
sessions.
Hindalco,
Vedanta, Dr Reddy's Labs, IOC, Tata Steel, Tata Motors, Coal India, ICICI Bank,
Axis Bank, GAIL, Tech Mahindra, Aurobindo Pharma and Bank of Baroda gained up
to 2 percent.
TCS
and UltraTech Cement were under pressure.
Among
midcaps, Reliance Capital, Capital First, PNB Housing Finance, LIC Housing
Finance, Jaiprakash Associates, Repco Home, Indo Count, Chennai Petroleum,
Manappuram, Reliance Defence, BEML, V-Guard, HCL Infosystems and Bhushan Steel
rallied up to 16 percent.
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