MARKET LIVE: Sensex gains 250 points; broader indices outperform benchmarks

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LIVE market live updates: The Indian benchmark indices regained momentum and were trading near to half a per cent higher in the midday deals of Monday’s volatile session.

A few of the headlne indices, the S&P BSE Sensex hovered around 48,140 levels, up 250 points. The index hit an intra-day low and high of 48,168 and 47,594, respectively. The broader Nifty50 index was once trading around the 14,000 level. Kotak Mahindra Bank and HDFC Bank (both down 1%) were the top Sensex drags. But even so, Reliance Industries also slipped 0.9 per cent after Sebi imposed penalties on the conglomerate for alleged manipulative trading in the shares of erstwhile Reliance Petroleum, back in November 2007.

The Nifty sectoral indices were trading mixed, with Nifty Realty index, down 1 per cent, leading the list of losers.

In the broader markets, the S&P BSE MidCap and SmallCap indices were trading over 1 per cent up, respectively.


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