12.35 PM: Sensex reclaims 40k, Nifty around 11,850; Infosys, SBI up 3%

Market update: The market benchmark Sensex reclaimed 40,000-mark, while Nifty hovered near 11,850, underpinned by gains in shares of Infosys, HDFC Bank, ITC, TCS, L&T and SBI. On the contrary, ICICI Bank, Hindustan Unilever, Maruti Suzuki, HDFC and Bajaj Finance were among the top drags.

Most sectoral indices traded in the green. BSE Telecom jumped over 2 percent on gains in shares of Bharti Airtel, Bharti Infratel and Vodafone Idea. Teck, IT, Capital Goods and Oil & Gas climbed over a percent each. Realty, Metal, Auto and Consumer Discretionary Goods & Services traded with nominal losses.

News Source:- moneycontrol

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