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Live Stock Market Updates: Nifty comfortably above 9,850

Nifty has been comfortably trading above the important level of 9,850 level in the morning hour after witnessing downfall in previous trading session. HDFC twins and Reliance Industries have been lending support to the major benchmark indices.

Nifty IT index is trading in negative zone, at 10,504 level. Infosys is trading at Rs 931.35 per share, up by Rs 3.9 per share or 0.42%.

KPIT is top gainer in the index trading at Rs 117.95 per share, up by 1.55%.

At 10 AM, the S&P BSE Sensex is trading at 31,619 up 230 points, while NSE Nifty is trading at 9,879 up 82 points. A total of 34 stocks registered a fresh 52-week high in trade today, while 21 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap Index is trading up 1.19% at 15,458, whereas BSE Small-cap Index is trading up 1.37% at 15,870.

All the sectoral indices on BSE are trading in positive territory with BSE Metal index leading the pack.

IOC, Hindalco, Vedanta, Ambuja Cements and BPCL are among the gainers, whereas HCL Technologies, Tech Mahindra, Zee Entertainment, Power Grid and TCS are losing sheen on NSE.

The INDIA VIX is down 5.55% at 12.79.