Nifty above 9355, Sensex rallies nearly 180 points, Metal stocks shine
BSE Metal is one of the top gaining index on the Wednesday, with Hindalco lifting the index to higher levels. The stock is up by 2.6%.
Other stocks in the sectoral index such as, JSW Steel is up by 2.7%, Jindal Steel is up by 1.7%, SAIL is up by 1%, Tata Steel is up by 1%, Hindustan zinc is up by 1% and Nalco is up by 0.1%.
Meanwhile, NMDC is down by 0.3% and Coal India is down by 0.07%.
At 12 PM, the S&P BSE Sensex is trading at 30,124 up 177 points, while NSE Nifty is trading at 9356 up 49 points. A total of 124 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 0.3% at 14836, whereas BSE Small cap Index is trading up 0.3% at 15434.
Some buying activity is seen in realty, Power, Bankex, Auto and Capital Goods while Healthcare, Energy, Oil & Gas are showing weakness on BSE.
Hindalco, Wipro, Gail, HDFC and ITC are among the gainers, Bharti Infratel, Cipla, Indiabulls Housing Finance, Hero Motocorp and Power Grid are losing on the NSE.
The INDIA VIX is up 2.1% at 11.