The benchmark BSE Sensex was trading higher by over 200 points due to firm global cues and on hopes of a growth-oriented Budget.
The market continued to see buying interest with the Nifty holding 8800-mark supported by banking & financials, oil & gas and metals stocks.
The 30-share BSE Sensex rose 167.87 points to 29172.53 and the 50-share NSE Nifty climbed 51.10 points to 8813.20. At 10.35 a.m., the 30-share BSE index Sensex was trading up by 205.92 points or 0.71 per cent at 29,210.58 and the 50-share NSE index Nifty was trading higher by 62.65 points or 0.72 per cent at 8,824.75.
All BSE sectoral indices were trading in the green. Among them, oil & gas index gained the most by 1.18 per cent, followed by realty 0.96 per cent, IT 0.87 per cent and TECk 0.82 per cent.
Major Sensex gainers were Infosys 1.84%, ONGC 1.73%, HDFC 1.58%, Bharti Airtel 1.43% and M&M 1.41%, while the top five losers were HUL 0.43%, Dr Reddy's 0.34%, Sun Pharma 0.22%, GAIL 0.15% and Hero Moto Corp 0.14%.
Asian stocks rose on Wednesday, taking their cues from Wall Street’s gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates.
Japan’s Nikkei stock average added 0.1 per cent after closing at a fresh 15-year high in the previous session.The market continued to see buying interest with the Nifty holding 8800-mark supported by banking & financials, oil & gas and metals stocks.
The 30-share BSE Sensex rose 167.87 points to 29172.53 and the 50-share NSE Nifty climbed 51.10 points to 8813.20. At 10.35 a.m., the 30-share BSE index Sensex was trading up by 205.92 points or 0.71 per cent at 29,210.58 and the 50-share NSE index Nifty was trading higher by 62.65 points or 0.72 per cent at 8,824.75.
All BSE sectoral indices were trading in the green. Among them, oil & gas index gained the most by 1.18 per cent, followed by realty 0.96 per cent, IT 0.87 per cent and TECk 0.82 per cent.
Major Sensex gainers were Infosys 1.84%, ONGC 1.73%, HDFC 1.58%, Bharti Airtel 1.43% and M&M 1.41%, while the top five losers were HUL 0.43%, Dr Reddy's 0.34%, Sun Pharma 0.22%, GAIL 0.15% and Hero Moto Corp 0.14%.
Asian stocks rose on Wednesday, taking their cues from Wall Street’s gains after Federal Reserve Chair Janet Yellen suggested the Fed would not rush into raising interest rates.
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