Market Live: Nifty reclaims 9900 in opening tick,
Sensex gains 100 points; midcaps outperform
Frontline indices began the session on a positive
note, with the Nifty reclaiming 9900 in the opening tick.
The Sensex was up 51.66 points at 31643.69, while
the Nifty was up 22.75 points at 9911.45. The market breadth was positive as
454 shares advanced against a decline of 132 shares, while 22 shares were
unchanged.
Midcaps continued their outperformance from the
previous sessions, while metals led the charts among sectoral indices.
ONGC, Tata Steel and GAIL were the top gainers,
while Tata Motors, Tata Motors DVR and Zee Entertainment lost the most.
Asian stocks rose on Friday after optimism over US
tax reform plans lifted Wall Street shares to new highs, while the dollar
hovered near a seven-week peak following additional indications of solid
economic growth.
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