Sensex inches towards 27000, up 250 pts; Tata Motors, ICICI lead

Equity benchmarks remained strong in morning trade with the Sensex inching towards 27000 level on global support.

The 30-share BSE Sensex rallied 250.87 points or 0.94 percent to 26991.26 and the 50-share NSE Nifty climbed 72.50 points or 0.88 percent to 8276.50.

The market breadth continued to be positive as more than three shares advanced for every share declining on Bombay Stock Exchange.

All Sensex 30 stocks are in green with the Tata Motors rising over 3 percent followed by ICICI Bank, Axis Bank, L&T, SBI, Dr Reddy’s Labs, HUL and Lupin with 1-2 percent upside.

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Posted in: Indian Market Tips