Nifty still above 7950; ITC, Tata Steel & Infosys down

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The market continues to rally supported by banks and oil stocks. The Sensex is up 210 points or 0.8 percent at 26054.18, and the Nifty is up 55.65 points or 0.7 percent at 7970.40. About 1223 shares have advanced, 589 shares declined, and 79 shares are unchanged.

ICICI Bank, SBI, Tata Motors, Axis Bank and GAIL are top gainers while wipro is still down 6 percent. Other losers in the Sensex are ITC, Bharti Airtel, Tata Steel and Infosys.

Equitas Holdings debuted at the exchanges at Rs 146.53 per share, up 33 percent from issue price of Rs 110. The IPO was opened from April 5-7, at a price band of Rs 109-110 per share.

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