It’s been a good day for the market so far, with the Sensex holding on to its 390-pt gain, while the Nifty is well above 11,350-mark as well. Sensex is up 391.30 points or 1.05% at 37,556.46 and the Nifty up 107.35 points or 0.95% at 11,352.05. The market breadth is positive as 1,704 shares have advanced, against a decline of 761 shares, while 129 shares were unchanged. Buying across all sectoral indices has continued, with banks, metals and pharma leading the charts. The midcap index is trading strong. Vedanta, Yes Bank, and Indiabulls Housing are the top gainers, while Hero MotoCorp, Asian Paints, Tech Mahindra and Hindalco were the top losers
Equity benchmark indices extended their losses, with the Sensex trading lower by 287 points at 37,233 levels, and Nifty dropping 80 points and trading at 11,265 levels. However, the Nifty pharma index was the top gainer, jumping over 1.5%. The winners’ brigade was led by Divi’s Labs, which advanced 3%. Conversely, the Nifty Auto index was down 1% on the back of a sharp fall in the share price of Motherson Sumi, M&M, Maruti, and Tata Motors. Meanwhile, the NSE market breadth was nuetral, with 858 shares advancing, 857 shares declining, and 353 remaining unchanged.