Sensex up 131 points; Nifty holds above 8850. Tata Steel up 4%

Epic Update Tata Steel

The Sensex was up 131.97 points or 0.46 percent at 28600.72, while the Nifty was higher by 37.20 points or 0.42 percent at 8858.90.

About 1694 shares advanced, 1027 shares declined, and 170 shares were unchanged.

Tata Steel, GAIL and Maruti Suzuki were among the top gainers on the Sensex, while, Axis Bank, ITC and HDFC were among the top losers.

Banking stocks were one of the positive contributors on the 30-share index, with HDFC Bank and ICICI Bank contributing the most. Meanwhile, ITC and HDFC were a drag.

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Posted in: Indian Market Tips