Sensex continues to trade strong, Nifty above 9800; Tata Power gains

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Benchmark indices were trading strong in the afternoon session, with the Nifty trading above 9800-mark.

The Sensex was up 267.33 points at 31480.92, while the Nifty was up 90.00 points at 9800.80. The market breadth was health as 1,820 shares advanced against a decline of 622 shares, while 95 shares were unchanged.

Cipla, Tata Steel and Tata Power gained the most on both indices, while Kotak Mahindra Bank, Bharti Airtel, Bosch and BPCL lost the most.

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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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