Sensex trades strong, Nifty firmly above 9650; Wipro, TCS fall

Benchmark indices were trading strong ahead of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting outcome.

The Sensex was up 131.73 points at 31322.29, while the Nifty was up 36.55 points or 0.38% at 9673.70. The market breadth was healthy as 1,426 shares advanced against a decline of 772 shares, while 136 shares were unchanged.

M&M, GAIL and Vedanta were the top gainers, while Wipro, TCS and BPCL lost the most.

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Posted in: Indian Market Tips