At 12:53pm IST, the 30 share indian stock index BSE Sensex was at 19,922, up 55 points or 0.2% over the previous close. It had earlier been as low as 19,711 after opening at 19,770.
The broader market is doing sightly better today compared to the Large-Cap counters, leading to a positive market breadth. Hero Honda has leading a rally in the BSE Auto index as investors welcome clarity on the terms of the formal break-up with Honda. Consumer Durables, IT and Metal shares have gained marginally. Banking and Pharma stocks are the worst performers of the day so far.
The NSE Nifty was up 12 points at 5,961 or 0.2% after touching a day's high of 5,962 and a day's low of 5,900. It opened at 5,926.
The BSE Small-cap index and the BSE Mid-cap index are up 0.8% and 0.2% respectively.
Hero Honda, Cipla, M&M, TCS, Tata Steel, Infosys,RIL, HFC, ICICI Bank, Jindal Steel, Wipro, BHEL, JP Associate, DLF, Bajaj Auto and IDFC are among the notable gainers in the Sensex and the Nifty.
Dr. Reddy's, Bharti Airtel, ONGC, Kotak Mahindra Bank, Axis Bank, NTPC, Sun Pharma, RCOM, HDFC Bank and ITC are among the laggards in the Sensex and the Nifty.
The market breadth is positive on the BSE with 1,638 shares rising and 1,089 shares falling.
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