benchmark indices seen strong on Wednesday morning, with the Nifty Bank
index continue gains at a record high.
BSE Sensex stood up over 151 points at 38,384 levels while the
Nifty50 gained over 36points to trade around 11,520-levels. Among sectoral
indices, the Nifty Banking index gains at significant high of 30,043,
with IndusInd Bank, PNB and Yes Bank drawing the highest gains at 10.10am.
major gainers on the Nifty are IndusInd Bank, Yes Bank, Indiabulls, Vedanta and
Seel, while HPCL, Eicher Motors Tech Mahindra and NTPC are trading
lower on the NSE.
Shares of GMR infrastructure gained 1.80% after its airport business
gets investment proposal of Rs8,000-Crore.
of RBL Bank rose 1.85% after reports that Black Rock group has bought
an undisclosed stake in the Co from Gaja Capital in block deals.