Live Stock Market Updates – Nifty marches towards 9900 level, Sensex extends gains

Nifty50 is eyeing towards 9900 level whereas BSE Sensex is gaining over 170 points to trade near its intra-day high level.

BSE Telecom is the top gaining index on Wednesday. It is up by 2.0% at 1431. Bharti Airtel is majorly contributing to the index gains and pulling it to higher level.

Bharti Airtel is up 2.5% at Rs 418.60 per share on BSE.

Other stocks in the index viz. Idea is up 4.5% at 91.15 per share, Sterlite Technologies is up 3.4% at Rs 163.50 per share, Himachal Futuristic Communications is up 3.2% at Rs 15.42 per share, OnMobile is up 2.1% at Rs 72.60 per share and Reliance Communications is up 1.9% at Rs 24.15 per share.

At 12 PM, the S&P BSE Sensex is trading at 31,874 up 163 points, while Nifty is trading at 9878 up 51 points. A total of 35 stocks registered a fresh 52-week high in trade today, while 15 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap Index is trading up 0.69% at 15210, while BSE Small-cap Index is trading up 0.95% at 15,968.

Buying activity is seen in Auto, Bankex, Utilities, Oil & Gas, Power and Realty indices while FMCG index is showing weakness on today’s trade.

Aurobindo Pharma, Zee Entertainment Enterprise and Bharti Airtel are among the gainers, whereas UltraTech Cements, Infosys and ACC are losing on the NSE.

The INDIA VIX is down 1.0% at 10.8.

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