Sensex soars over 200 pts, Nifty eyes 9900; TCS, Cyient in focus

Equity benchmarks continued to trade at record highs, with the Sensex holding its 32,000 level, backed by banking & financials, infra and FMCG stocks.

The 30-share BSE Sensex was up 223.29 points at 32,028.11 and the 50-share NSE Nifty rose 63.40 points to 9,879.50.

The broader markets also continued to trade in line with benchmarks, with the BSE Midcap up 0.7 percent as about two shares advanced for every share falling on the exchange.

Jayant Manglik, President, Retail Distribution, Religare Securities has reiterated bullish view on markets and suggests maintaining buy on dips approach.

TCS and Cyient will be in focus ahead of quarterly earnings later today.

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Posted in: Indian Market Tips