Sensex, Nifty hold early gains; Hindalco up 3%, HUL dips 2%

The market is in high spirits and is holding its early gains. The Sensex is up 247.91 points or 0.9 percent at 27353.30 and the Nifty is up 68.40 points or 0.8 percent at 8259.90. About 1306 shares have advanced, 396 shares declined, and 113 shares are unchanged.

Metals, auto and pharma stocks are lending major support to the indices. Hindalco is up 3 percent while Hero, HDFC, Tata Steel and Bajaj Auto are top gainers. HUL is down 2 percent.

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Posted in: Indian Market Tips