Lagatar24 Desk
Mumbai, Mar 14: Indian equity indices traded higher on Monday. Even as combat raged, Asian stock markets rose and oil fell on hopes of progress in Russian-Ukraine peace negotiations.
Back home, the benchmark BSE Sensex was up 243 points, or 0.44 percent, at 55,793 as of 10:16 a.m., while the broader NSE Nifty was up 44 points, or 0.26 percent, at 16,674.
Mid- and small-cap stocks were trading lower, with the Nifty Midcap 100 index down 0.33 percent and small-cap stocks down 0.20 percent.
Six of the 15 sector indices produced by the National Stock Exchange were in positive territory. Nifty IT was outpacing the index, climbing 1.18 per cent.
On a stock-by-stock basis, Infosys was the highest Nifty gainer, up 2.33 percent to Rs 1,864.45. Among the gainers were HDFC Bank, Wipro, Tech Mahindra, and SBI.
On the BSE, the overall market breadth was positive, with 1,513 shares rising and 1,364 falling.
Infosys, HDFC Bank, Wipro, TechM, TCS, SBI, Sun Pharma, and ICICI Bank were among the top gainers on the 30-share BSE index. Hindustan Unilever, Bajaj Finance, M&M, Maruti, and Dr Reddy’s, on the other hand, were all in the red.
On Friday, the Sensex rose 86 points, or 0.15 percent, to settle at 55,550, while the NSE Nifty rose 36 points, or 0.21 percent, to conclude at 16,630.
