Equity benchmarks were marginally higher amid volatility in morning trade. The Sensex rose 56.99 points to 24940.58 and the Nifty advanced 21.95 points to 7625.15, led by auto, telecom, metals and pharma stocks.
The broader markets also traded higher with the BSE Midcap and Smallcap indices rising 0.2 percent and 0.5 percent, respectively. About 1102 shares advanced against 559 declining shares on Bombay Stock Exchange.
Tata Motors, Bharti Airtel, Tata Steel, Hindalco Industries, Coal India, BHEL and M&M gained 1-4 percent while HDFC, Wipro and Cipla fell 0.7 percent each.
Asia markets turned higher, shrugging off a global sell-off in equities overnight, as oil prices advanced and activity in China’s services sector showed signs of pick-up.
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