Domestic bourses continued to trade in green during the morning deals, tracking gains in index-heavyweights Reliance Industries, Infosys and HDFC twins amid positive domestic and global cues.
According to traders, rebound in US equities in the overnight session, largely positive cues from Asian peers and fresh attempts to ease India-China border tension enthused domestic investors.
In a move to bring down tensions in eastern Ladakh, India and China on Tuesday agreed to stop sending more troops to the frontline, refrain from unilaterally changing the situation on the ground and avoid taking any actions that may further complicate matters.
At 10:45 hours, the 30-share benchmark index was trading at 37987.75 up by 253.67 points or by 0.67 % and then NSE Nifty was at 11220.6 up by 66.95 points or by 0.6 %.
Sensex touched intraday high of 38140.07 and intraday low of 37855.64 The NSE Nifty touched intraday high of 11259.55 and intraday low of 11184.6
The top gainers of the BSE Sensex pack were Infosys Ltd. (Rs. 1032.90,+2.55%), Asian Paints Ltd. (Rs. 1983.45,+2.46%), Reliance Industries Ltd. (Rs. 2254.15,+1.94%), ITC Ltd. (Rs. 177.05,+1.67%), Larsen & Toubro Ltd. (Rs. 870.50,+1.57%), among others.
The top losers of the BSE Sensex pack were Bharti Airtel Ltd. (Rs. 449.00,-4.68%), Tata Steel Ltd. (Rs. 364.80,-2.51%), NTPC Ltd. (Rs. 85.85,-2.17%), Tata Consultancy Services Ltd. (Rs. 2485.50,-1.51%), Power Grid Corporation of India Ltd. (Rs. 166.25,-1.45%), among others.
Among the sectors, Realty index was at 1685.56 up by 26.12 points or by 1.57%. Prestige Estates Projects Ltd. (Rs. 244.50,+4.96%), Sunteck Realty Ltd. (Rs. 266.35,+3.38%), Godrej Industries Ltd. (Rs. 872.00,+3.35%), Brigade Enterprises Ltd. (Rs. 166.15,+1.84%), Indiabulls Real Estate Ltd. (Rs. 52.40,+1.65%),.
Power index was at 1621.95 down by -23.13 points or by -1.41%. Adani Green Energy Ltd. (Rs. 588.35,-5.00%), NTPC Ltd. (Rs. 85.85,-2.17%), Power Grid Corporation of India Ltd. (Rs. 166.25,-1.45%), ABB India Ltd. (Rs. 887.00,-0.79%), Torrent Power Ltd. (Rs. 325.15,-0.29%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 2298 , shares advanced were 1412 while 763 shares declined and 123 were unchanged.