Sensex jumps 100 pts; Nifty reclaims 10,900 mark
Extending gains for the second session, the BSE benchmark Sensex Wednesday rose over 100 points tracking heavy buying by domestic institutional investors after the government said that the country's trade deficit had narrowed to a 10-month low.
The 30-share index jumped 122.14 points, or 0.34 per cent, to 36,440.47 in early trade.
Similarly, the NSE Nifty reclaimed the 10,900 mark by rising 33.75 points, or 0.31 per cent, to 10,920.55.
On Tuesday, the Sensex had settled 464.77 points, or 1.30 per cent, higher at 36,318.33, while the broader Nifty rallied 149.20 points, or 1.39 per cent, to finish at 10,886.80.
In morning session on Wednesday, the biggest gainers in the Sensex pack were IndusInd Bank, NTPC, SBI, Reliance Industries, ICICI Bank, Vedanta, Axis Bank, Tata Steel, PowerGrid, ONGC and Infosys, rising up to 1.35 per cent.
While, ITC, TCS, Hero MotoCorp, HCL Tech, HUL and Sun Pharma were among the top losers, shedding up to 0.66 per cent.
According to traders, despite weakness