Sensex, Nifty hold early gains; HDFC, Axis Bank, ONGC lead

Epic Update HDFC Bank

Equity benchmarks maintained early gains with the Sensex rising over 150 points, led by oil, auto, infra, technology and select FMCG stocks. The broader markets also gained, rising 0.4 percent.

The 30-share BSE Sensex climbed 154.47 points to 25807.70 and the 50-share NSE Nifty advanced 46.45 points to 7907.20. The market breadth remained positive as about two shares advanced for every share declining on Bombay Stock Exchange.

Axis Bank and ONGC rallied more than 2 percent followed by HDFC and Bharti Airtel with over a percent upside while SBI and ICICI Bank lost early gains.

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Posted in: Indian Market Tips