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Live Stock Market Updates – Nifty trades above 9900, Infosys top gainer

Benchmark indices are trading in positive teritorry wherein Nifty comfortably traded over 9900 level.

Nifty Bank showcased weak trading and was down 0.01% at 24,434 level.

Infosys’s board will consider a proposal to buy back shares at a meeting on August 19, 2017. Infosys gained 3.48% at Rs 1010.75 per share.

BSE Realty is one of the top gaining index in the morning session on Thursday. It is up by 1.63% at 2129. Indiabulls Real Estate is contributing majorly to the index gains and pulling it to higher levels.

Indiabulls Real Estate is up 2.59% at Rs 230.75 per share.

On the contrary, Sobha is slipping in trade by 0.37% down at Rs 394.00 per share.

At 10 AM, the S&P BSE Sensex is trading at 31,882 up 111 points, while Nifty is trading at 9934 up 37 points. A total of 26 stocks registered a fresh 52-week high in trade today, while 15 stocks touched a new 52-week low on the NSE.

The BSE Mid-cap Index is trading up 0.69% at 15,387 while BSE Small-cap Index is trading up 1.02% at 15,771.

Some buying activity is seen in Auto, Telecom and Industrials indices, while Bankex and FMCG indices are showing weakness on BSE.

Infosys, Vedanta and Coal India are among the gainers while Hindustan Unilever, Kotak Mahindra Bank and Zee Entertainment Enterprises are losing on the NSE.

The INDIA VIX is up 0.93% at 14.3.