Markets continue to trade higher and show no signs of weakness. Even inflation numbers have come out higher than market expectation. Inflation for week ended April 19 is at 7.57% versus 7.33%, at a 42-month high. The BSE bank, auto, IT and power indices are witnessing buying interest and are up over 2% each.
At 12.02 hrs IST, the Sensex is up 228.20 points or 1.32% at 17515.51, and the Nifty up 52.70 points or 1.02% at 5218.60.
About 1669 shares have advanced, 1186 shares declined, and 227 shares are unchanged.
Reliance Infra, Maruti Suzuki, Jaiprakash Asso and M&M are top gainers on the bourses.
However, top losers on the bourses are Hindalco, Reliance Comm, Tata Steel and Sterlite Ind.
Source : moneycontrol.com
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