Markets Mid-noon: Auto Stocks Rise

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Markets opened higher on Monday’s session tracking global amid easing of lockdowns. Gains were led by Auto, IT and media stocks among sectors.

Sensex soared over 650 points to an intraday high of while the Nifty50 climbed to the day’s high of 9,430-mark and subsequently trimmed some points.

During mid-session at 12.45-pm the Sensex quoted at 31877, up by 231 points while the Nifty stood at 9326-lev, up by 74 points.

Tata Motors, Maruti, HeroMOto Corp and Bajaj Auto were among major gainers in the Nifty, while ICICI Bank, BPCL, Dr.Reddys, HUL and HDFC. Track latest market updates Best stock tips and stock future tips from here.

Nifty Auto index climbed higher over 4 percent led by Tata Motors, Maruti and Hero MotoCorp up to 7 percent.

Among banking stocks ICICI Bank slip 2.79-pc post March quarter results, while IRCTC hits 5-pc higher as passenger trains to resume.

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