Market Live:
Sensex opens at fresh record high, Nifty above 11,050; PSU banks rally
It’s a strong start
to the market on Wednesday morning, with the Sensex hitting a fresh record
high, rising 200 points, while the Nifty opened above 11,050-mark.
The Sensex is up
198.95 points or 0.54% at 36718.91, while the Nifty is up 62.50 points or 0.57%
at 11070.50. The market breadth is positive as 354 shares have advanced, while
79 shares have declined, and 46 shares are unchanged.
Among sectoral
indices, all of them are trading in the green, with strength seen among PSU
banks pharmaceuticals, energy and auto names.
In the broader market, midcaps
are trading higher as well, up over half a percent on the index.
The Indian rupee opened marginally
higher at 68.42 per dollar on Wednesday versus 68.45 yesterday.
Stocks in the news: UltraTech Cement, HDFC, IDBI Bank, Kridhan
Infra, PNC Infratech
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