Sensex gains strength, Nifty hits 9250; Reliance above Rs 1400

Epic Update Reliance IndustriesEpic Update Reliance Industries

Equity benchmarks gained strength amid consolidation in noon trade, with the Nifty climbing above 9250 level ahead of outcome of Monetary Policy Committee meeting tomorrow, backed by Reliance Industries.

The 30-share BSE Sensex was up 27.17 points at 29,937.39, and the 50-share NSE Nifty gained 15.30 points at 9,253.15 while the broader markets continued to outperform.

The Nifty Midcap was up 0.8 percent and Smallcap gained 1.2 percent. About five shares advanced for every two shares falling on the BSE.

Reliance Industries gained 2.4 percent and Adani Ports rallied 3.5 percent followed by Maruti Suzuki, HDFC Bank, L&T and HUL while HDFC, ITC, Infosys and ICICI Bank were losers.

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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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