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Mid-Session: Sensex, Nifty firm; IT, private banks shine

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Indian benchmark indices extended gains with Nifty trading near 24300 mark, supported by buying in realty, IT, private banks and oil & gas stocks.

At 12:30 hours, the 30-share benchmark index was trading at 77993.08 up by 806.21 points or by 1.04 % and then NSE Nifty was at 24275.45 up by 202.7 points or by 0.84 %.

Sensex touched intraday high of 78024.73 and intraday low of 77308 The NSE Nifty touched intraday high of 24288.9 and intraday low of 24099.05

The top gainers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 1558.00,+3.09%), Tata Consultancy Services Ltd. (Rs. 2260.50,+2.67%), Kotak Mahindra Bank Ltd. (Rs. 386.55,+2.49%), Reliance Industries Ltd. (Rs. 1320.90,+2.16%), Infosys Ltd. (Rs. 1101.75,+1.91%), among others.

The top losers of the BSE Sensex pack were Bharti Airtel Ltd. (Rs. 1907.95,-0.72%), Tata Steel Ltd. (Rs. 184.60,-0.49%), Sun Pharmaceutical Industries Ltd. (Rs. 1941.00,-0.46%), UltraTech Cement Ltd. (Rs. 11728.35,-0.44%), Maruti Suzuki India Ltd. (Rs. 13760.00,-0.23%), among others.

IT index was at 28196.79 up by 355.88 points or by 1.28%. Mahindra & Mahindra Ltd. (Rs. 1558.00,+3.09%), Tata Consultancy Services Ltd. (Rs. 2260.50,+2.67%), Infosys Ltd. (Rs. 1101.75,+1.91%), HCL Technologies Ltd. (Rs. 1208.80,+1.75%), Accelya Solutions India Ltd. (Rs. 1143.00,+1.44%),.

HCS index was at 49679.91 down by -738.6 points or by -1.46%. IOL Chemicals and Pharmaceuticals Ltd. (Rs. 150.30,-8.41%), Sun Pharma Advanced Research Company Ltd. (Rs. 233.90,-6.53%), Vijaya Diagnostic Centre Ltd. (Rs. 1333.50,-5.70%), Fermenta Biotech Ltd. (Rs. 435.15,-5.39%), Alivus Life Sciences Ltd. (Rs. 1112.55,-4.43%),.

The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 4330 , shares advanced were 1507 while 2590 shares declined and 233 were unchanged.