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Nifty eyes 8100, Sensex steady; IT, metals, banks surge

Vedanta, ONGC, NTPC, Hindalco and Bajaj Auto are top gainers while Lupin, M&M and ITC are laggards in the Sensex.

11:00

TheNewsInternational Team

The market is gushing with some strong gains led by banks, IT, metals and cappital goods. The Sensex is up 392.51 points or 1.5 percent at 26623.70 and the Nifty is up 122.65 points or 1.5 percent at 8071.60. About 1651 shares have advanced, 540 shares declined, and 62 shares are unchanged.

Vedanta, ONGC, NTPC, Hindalco and Bajaj Auto are top gainers while Lupin, M&M and ITC are laggards in the Sensex.

Crude oil futures rose 2.37 percent to Rs 2,855 per barrel today as speculators widened positions amid a firm trend in Asia.

Analysts attributed the rise in crude oil futures to a firming trend in Asian trade today where it extended gains following a 10 percent price surge in the previous session fuelled by strong US economic data.

10:00

Sensex surges 400 pts; ONGC soars 6%, Infosys & Axis lead

ONGC topped the buying list on Sensex, up nearly 6 percent followed by Infosys, Axis Bank, SBI, NTPC, Bajaj Auto, Cipla, BHEL, Vedanta, GAIL, Hindalco and Tata Steel with 2-4 percent upside.

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09:15

Nifty starts Sept series above 8050, Sensex up over 300 ptsRead More »

ONGC, Hindalco, Maruti, M&M and Cipla are top gainers in the Sensex.

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