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Nifty cross above 11,000, Sensex above 36,000 for the first time ever

Another gap up for indices lift Nifty past the 11000 psychological mark while BSE Sensex surpasses the 36000 mark for the first time ever.

Barring the media index all the other NSE sectoral indices are in the green.

The Metal index has led the rally followed by the IT and PSU Banking stocks.

At 9:50 AM, the BSE Sensex was trading at 36,028, up 230 points, while the broader Nifty50 index was ruling at 11,028 up 68 points.

HSIL gains 5%, company starts production at Telangana plant.
Om Metals gains 5% on Jaipur land case settlement.
IOC gains 3% as company’s board to mull bonus share issue.

Volatility index India VIX inched up 3.75% at 15.9700.

Hindalco (+4.7%), Vedanta (+3.3%), Tata Steel (+3.0), IOC (+2.6%) and Infy (1.7%) were the top gainers on Nifty50.

ZEEL (-1.5%), Ambuja Cement (-1.1%), Eicher Motors, Tata Motors (-0.9%) and GAIL (-0.6%) were the top losers in today’s trade.

Out of 2008 stocks traded on the NSE, 1066 advanced, 525 declined and 417 remained unchanged today.

A total of 59 stocks registered a fresh 52-week high in trade today, while 12 stocks touched a new 52-week low on the NSE.