9.20 AM: Sensex begins over 100 points higher, Nifty above 10,550; Yes Bank up 3%

It is a positive start for the market on Wednesday morning, as investors reacted to double news of Shaktikanta Das being appointed RBI governor as well as results to state elections in five states.

The Sensex is up 128.23 points or 0.36% at 35278.24, while the Nifty is higher by 33.20 points or 0.31% at 10582.40. The market breadth is positive as 314 shares advanced, against a decline of 93 shares, while 12 shares were unchanged.

All sectoral indices are trading in the green, with most gains seen in metals, infrastructure, banks and automobiles.

Shares of Yes Bank and Sun Pharmaceuticals and Indiabulls Housing were the top gainers, while Coal India, ICICI Bank, and Dr Reddy’s Laboratories lost the most.

 

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