Nifty inches towards 10000, Sensex gains 200 pts; ITC, RIL lead

Equity benchmarks rallied further, with the Nifty inching towards 10,000-mark. Index heavyweights Reliance Industries and ITC led major support to the market as both contributed 50 percent to Nifty’s gains.

Banks and technology stocks also gained strength.

The 30-share BSE Sensex was up 192.14 points at 32,221.03 and the 50-share NSE Nifty rose 50.85 points to 9,966.10.
About 1,388 shares advanced against 862 advancing shares on the BSE.

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Posted in: Indian Market Tips