Shares of automobile companies rose on likely buying by foreign institutional investors. The Nifty Auto index was up 1.7% at 11204.8 points.
At 2:58 PM, the Sensex was up by over 287 points or 0.88% at 32,879, while the Nifty50 gained 107 points or 1.07% to 10,151.
Shares of D-Mart owner snapped two-day decline and gained 4% after a block deal. About 19.92 lakh shares worth Rs225cr changed hands in a single block deal.
Shares of Tata Motors Jaguar Land Rover (JLR) owner snapped two-day decline and rose as much as 2.1% to Rs405.3. JLR sales roses by 10% on a yearly basis last month, largely led by the new Land Rover Discovery and the Range Rover Velar.
Shares of L&T snapped two-day decline and rose as much as 2% to Rs1,215. The company's subsidiary L&T Hydrocarbon Engineering bagged an order worth Rs1,600cr from Hindustan Petroleum Corporation Ltd.
GAIL (+7.2%), UPL (+5.8%), Tech Mahindra (+4.8%), Airtel (+4.7%) and Tata Steel (+2.8%) were the top gainers on the Nifty50.
Coal India (-1.04%), Sun Pharma (-0.7%), TCS (-0.6%), Cipla (-0.3%), and Wipro (-0.5%) were the top losers in today’s trade.
India VIX dropped 4.58%.
Out of 1,989 stocks traded on the NSE, 1,224 advanced, 469 declined and 296 remained unchanged today.
A total of 47 stocks registered a fresh 52-week high in trade today, while 20 stocks touched a new 52-week low on the NSE.
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