Nifty hovers around 10,250 mark; Tata Steel, RCom down

Equity indices made a positive start to the session, mirroring the trend in global markets, and led by gains in shares of metal, financial services and information technology companies.

At 12:20 PM, the BSE Sensex was trading at 33,473, up 121 points, while the Nifty50 index was trading at 10,279, up 36 points.

The BSE MidCap Index gained 0.15% and the BSE SmallCap Index gained 0.26%.

Shares of Sadbhav Infrastructure Projects added 1.3% after National Highways Authority of India awarded contract for four laning of Tumkur-Shivamogga section on NH-206. The bid price of the contract is Rs933.82cr.

Shree Renuka Sugars is trading flat after the company signed an agreement with banks for debt restructuring.

BHEL stock rose 1.7% after it won an order worth Rs11,700cr for a supercritical power plant.

HG Infra Engineering
 has made a listless debut on the bourses by listing at Rs270, at par against its issue price of Rs270 per share on the BSE and the NSE.

Volatility index India VIX slipped 2.55% at 14.2125.

Bajaj Finance (+2.1%), Aurobindo (+1.7%), Tech Mahindra (+1.7%), HDFC (+1.4%) and TCS (+1.3%) were the top gainers on Nifty50.

Tata Steel (-1.8%), SBI (-1.4%), Adani Ports (-1.1%), Yes Bank (-0.92%) and NTPC (-0.73%) were the top losers in today’s trade.

A total of 10 stocks registered a fresh 52-week high in trade today, while 84 stocks touched a new 52-week low on the NSE.

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