Lagatar24 Desk
Mumbai, Mar 10: Indian market indices began higher on Thursday, reflecting a general rise in global stocks as diplomatic talks between Russia and Ukraine boosted sentiment.
The benchmark BSE Sensex was up 1,423 points, or 2.60%, at 56,070 at 10:34 a.m., while the broader NSE Nifty was up 402 points, or 2.46 percent, at 16,747.
Mid- and small-cap stocks were trading higher, with the Nifty Midcap 100 index up 1.69 percent and small-cap stocks rising 2.03%.
The National Stock Exchange’s 15 sector indexes were all trading in positive territory. The Nifty Auto, Nifty Bank, and Nifty Auto all outperformed the index, rising 3.12% and 3.32 percent, respectively.
On a stock-by-stock basis, Tata Motors was the leading Nifty gainer, jumping 6.23 percent to Rs. 431.20. Axis Bank, Grasim Industries, Maruti Suzuki, and Asian Paints were also up.
On the BSE, the overall market breadth was positive, with 2,522 shares rising and 286 falling.
Axis Bank, Maruti, SBI, IndusInd Bank, ICICI Bank, and Asian Paints were among the top gainers on the 30-share BSE index.
On Wednesday, the Sensex rose 1,223 points, or 2.29 percent, to close at 54,647, while the Nifty rose 332 points, or 2.07%, to close at 16,345.
