Sensex extends rally, Nifty hits 9300 for the first time ever

Epic Update BioconEpic Update Biocon

Benchmark indices extended rally in afternoon trade, with the Nifty eyeing 9300 despite mixed European cues.

The 30-share BSE Sensex was up 239.04 points at 29,894.88 and the 50-share NSE Nifty rose 72.25 points to 9,290.20.

The broader markets remained strong despite balanced breadth. The BSE Midcap index gained 0.9 percent and Smallcap was up 0.65 percent. About 1433 shares advanced against 1329 declining shares on the BSE.

Biocon and Indian Bank weer top BSE midcap gainers, up 10 percent each.

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Sensex, Nifty hold morning gains; Ambuja Cements, ACC rally Nifty hovers around 8800 as investors await RBI policy; ITC up
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