The markets have steadfastly held on to their gains this morning. The Sensex is now quoting at 17608, higher by 50 points and the Nifty is at 5272, up 12 points. The mid-cap and mall-cap indices have also gained nearly 1% each at 6774 and 8500 respectively.
It's auto stocks all the way. M&M has displaced Tata Motors to gain the No 1 spot. The Mahindra group stock has added 2.3% at Rs 1079. Hero Honda has strengthened by 2.2% at Rs 2067, Tata Motors has added 2.1% at Rs 740 and Maruti is up 2.1% at Rs 1401. And index heavyweight Reliance Industries has extended its gains and is now up 0.8% at Rs 1100.
On the losers side, Bharti Airtel has corrected 2.2% at Rs 306, Infosys has shed 0.7% at Rs 2783 and HDFC Bank has lost 0.2% at Rs 1920.
The market breadth is strong. Out of 2279 stocks traded on the BSE thus far, there are 1463 advancing stocks as against 748 declines.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app