Nifty above 11,300, Sensex up 200 points; Yes Bank rises 4%
Benchmark indices opened on flat with a positive bias on May 17 amid mixed global cues with Nifty above 11,250.
At 09:17 hrs IST, the Sensex is up 80.26 points at 37473.74, while Nifty is up 21.40 points at 11278.50. About 419 shares have advanced, 327 shares declined, and 33 shares are unchanged.
Yes Bank, Zee Entertainment, DHFL, TCS, RIL, M&M, ITC, Wipro, Malappuram Finance and Reliance Capital are among major gainers on the indices, while losers are BPCL, NTPC, Eicher Motors, Sun Pharma, Tata Steel, SBI, PNB, PNB Housing, Interglobe Aviation, and JSW Steel.
On the sectoral front IT, bank and FMCG are witnessing buying interest, while pharma, metal, infra, and energy are trading lower. Benchmark indices are trading flat to positive in the pre-opening session.source- money control
At 09:02 hrs IST, the Sensex is up 49.34 points or 0.13% at 37442.82, and the Nifty up 11.40 points or 0.10% at 11268.50. Wall Street closed higher on Thursday as upbeat earnings and strong economic data put investors in a buying mood, with technology companies leading the charge.
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