Pushed higher by a recovery in midcaps and banking stocks, the market in the afternoon session extended its gains and Nifty was above 9800-mark.
At 13:02 hrs, the Sensex was up 168.13 points at 31617.16, while the Nifty was up 47.70 points at 9841.85. The market breadth was still narrow as 1,459 shares advanced against a decline of 893 shares, while 97 shares were unchanged.
The Nifty Bank, after falling to levels of 23947, staged a bounceback and led to the strong recovery in Kotak Mahindra Bank.
You may also like:
|Sensex, Nifty rangebound; RBI’s MPC meet outcome awaited||Sensex, Nifty continue to be sluggish ahead of RBI policy; Europe mixed|