9.25 AM: Benchmark indices rallied sharply in opening on Thursday

Benchmark indices rallied sharply in opening on Thursday, continuing uptrend for third straight session after retail inflation and IIP data.

The Sensex rose 233.07 points to 36,012.14 and the Nifty gained 68.30 points at 10,805.90.

SBI, Vedanta, JSW Steel, Indiabulls Housing Finance, Yes Bank, HUL, Maruti Suzuki, HPCL and Bajaj Finserv were early gainers.

UPl, Kotak Mahindra Bank, Tech Mahindra, Lupin, Sun Pharma and Cipla were under pressure.

Nifty Midcap gained 116 points and Nifty Bank rallied 176 points.

Bandhan Bank, Indian Bank, Bank of India, Edelweiss Financial, Corporation Bank, ICICI Prudential Life, AU Small Finance Bank, Jet Airways and InterGlobe Aviation, MTNL, SpiceJet and Titagarh Wagons were early gainers among broader space.

 

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