Nifty, Midcap extend gains; Sensex rises over 150 pts; metals weak

Benchmark indices extended gains in late morning deals, with the Sensex rising 174.60 points to 34,022.63, backed by auto, PSU banks and technology stocks.

The 50-share NSE Nifty gained 46.40 points at 10,524.30.

Aluminium prices eased 0.79 percent to Rs 144.25 per kg in futures trading today as speculators reduced exposure amid muted demand in the spot market.

At the Multi Commodity Exchange, aluminium for delivery in December fell Rs 1.15, or 0.79 percent, to Rs 144.25 per kg in 994 lots.

Likewise, the metal for delivery in January contracts declined Rs 1.10, or 0.76 percent, to Rs 144.50 per kg in 915 lots.

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Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed
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