Sensex, Nifty Trade Higher, Infosys among gainers

Indian share markets continue to rise for a third consecutive day after the govt announced stimulus measures to the economy.

At 10.20 am, the BSE Sensex traded higher at 39211-mark, up by 121 points while the NSE Nifty50 scaled at 11627 up by 27 points.

Reliance Industries, Infosys, Dr.Reddys, Maruti Suzuki and Vedanta were among major nifty gainers, while Zee Entertainment, Eicher Motors, L&T, JSW Steel, and Asian Paints led the losses.

Sectoral Indices are in mixed movements. Nifty Auto, FMCG, IT and Pharma indices are trading in the green, with IT leading higher, up by 1.3% led by gains in Tata Elxi, Infosys, TechMahindra, TCS, NIIT Tech, Wipro and HCL Technologies. More information visit our stock advisory website.

Among falling sectoral indices, Nifty Bank and Financial Service were down 0.80%, Media down 0.95% and PSU and Pvt Bank indices down 0.72% each.

Among buzzing stocks, Dewan Housing Finance Corp (DHFL) gained 5% ahead of the Company’s meeting to consider its draft resolution plan. To avail free stock tips go to our blog .

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