At 10:25 IST, the barometer index, the S&P BSE Sensex, added 541.06 points or 0.69% to 78,525.44. The Nifty 50 index advanced 156.05 points or 0.66% to 23,814.40.
In the broader market, the S&P BSE Mid-Cap index fell 0.42% and the S&P BSE Small-Cap index declined 0.83%.
The market breadth was strong. On the BSE, 1,467 shares rose and 2,163 shares fell. A total of 184 shares were unchanged.
Buzzing Index:
The Nifty IT index jumped 1.60% to 37,810.80. The index jumped 4.38% in the four consecutive trading sessions.
HCL Technologies (up 2.93%), Persistent Systems (up 2.3%), Coforge (up 2.26%), Infosys (up 2.19%) and L&T Technology Services (up 2.18%), Mphasis (up 1.78%), Tata Consultancy Services (up 1.57%), Wipro (up 1.35%) and Tech Mahindra (up 1.12%) surged.
Stocks in Spotlight:
Brigade Enterprises shed 0.31%. The company has announced the acquisition of a 4.4-acre land parcel in Whitefield, East Bengaluru, for the development of a premium residential project.
Godrej Properties declined 1.49%. The company said that it has sold over 300 homes homes worth over Rs 1,000 crore with a total area of nearly 0.84 million square feet at its project Godrej Madison Avenue located in Kokapet, Hyderabad.
Rail Vikas Nigam (RVNL) rose 0.13%. The company announced that it has emerged as the lowest bidder (L1) for overhead equipment (OHE) work from Central Railway, with the project valued at Rs 115.79 crore.
