The Indian markets were trading firm in the noon deals of Monday’s volatile session, lifted mainly by IT stocks and index-hwevyweight Reliance Industries.
Among headline indices, the S&P BSE Sensex was trading over 200 points to 44,100 levels after earlier falling to as low as 43,747 levels, intra-day. The broader Nifty50 index, meanwhile, hit a fresh record high of 12,969. Reliance Industries gained over 3 per cent after the Competition Commission of India cleared RIL’s bid to buy Future group’s retail, wholesale and logistics assets amid legal battle with Amazon. Besides, IndusInd Bank (up 8%), ONGC, Bajaj Finserv, and Tech Mahindra (all up 3%) were the other top Sensex gainers.
The Nifty sectoral indices were trading in the green, led by Nifty IT index, up 2 per cent.
In the broader markets, the S&P BSE MidCap and SmallCap indices were trading over 1 per cent higher, each.
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