9.25 AM: Nifty opens around 11,850, Sensex gains 200 pts; metal stocks in focus

Market Opens: It is a positive start for the indices on July 1 with Nifty around 11,850.

At 09:17 hrs IST, the Sensex is up 201.06 points or 0.51% at 39595.70, and the Nifty up 57.80 points or 0.49% at 11846.70. About 570 shares have advanced, 217 shares declined, and 50 shares are unchanged.

IndusInd, Bank, UPL, Indiabulls Housing, Vedanta, JSW Steel, Tata Steel, Hindalco, Zee Entertainment, Yes Bank, Bajaj Auto, ICICI Bank, Cipla, Wipro, RIL and Adani Ports are among major gainers on the indices, while losers are BPCL, IOC, Gail and Titan.

All the sectoral indices are trading in the green led by metal, pharma, FMCG, auto, banks, energy and infra.

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