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Markets at day's high: Sensex rallies 200 points, Nifty above 8,450

Nifty50 maintained its crucial 8400 level led by gains in banking, metal and pharma sectoral indices

Markets, midcaps, cmallcaps, Budget 2017
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Pranati Deva New Delhi
Benchmark indices retained the morning gains as sentiment stayed positive on optimism ahead on Union Budget 2017 to be unveiled next week.
 
Nifty50 maintained its crucial 8,400 level led by gains in banking, metal and pharma sectoral indices while Sensex gained as much as 158 points at intra-day.
 
At 2:20 pm, the S&P BSE Sensex was trading at 27,333, up 216 points, while the broader Nifty50 was ruling at 8,459, up 68 points.
 
In the broader market, BSE Midcap and BSE Smallcap indices mirrored the gains in headline indices and rose 0.5% each.
 
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