Sensex up 100 points, Nifty below 9,150 ahead of the March F&O expiry

In the broader market, the S&P BSE Midcap and S&P BSE Smallcap indices hit a new lifetime high

In a volatile trading session, the benchmark indices on Thursday were trading higher  ahead of the expiration of March futures & options later in the day.

The sentiment was positive after the government moved a step closer to implementing a nationwide goods and services tax (GST) from July. 

At 2:27 pm, the S&P BSE Sensex was trading at 29,664, up 133 points, while the broader Nifty50 was ruling at 9,167, up 24 points. 

In the broader market, the S&P BSE Midcap and S&P BSE Smallcap indices hit their new lifetime highs by rising 0.5% to 14,002, and 0.8% to 14,315,