Markets at day's high: Sensex gains 100 points; Telecom up 2%

Telecom was the top secoral gainer led by gains in Tata Communication, Idea and Bharti Airtel

Benchmark indices were trading higher with Nifty testing 8,750 as investors remain optimictic after Budget which helped markets gain nearly 2% in yesterday’s session. The Street also awaits RBI policy due next week.
 
At 2:04 pm, the S&P BSE Sensex was trading at 28,242, up 100 point, while the Nifty50 was ruling at 8,733, up 16 points.
 
In the broader market, the BSE Midcap index and BSE Smallcap index outperformed the headline indices to rise 0.9% and 1% respectively.

Telecom sector index was the top secoral gainer led by gains in Tata Communication, Idea and Bharti Airtel.