Sensex, Nifty hold early gains; broader markets outperform

Epic Research sensex nifty50

Equity benchmarks continued to hold morning gains while the broader markets outperformed for the third consecutive session. The rupee appreciated by 15 paise to trade at 68.50 against the US dollar from last close.

The 30-share BSE Sensex was up 99.91 points at 26493.92 and the 50-share NSE Nifty rose 36.35 points to 8178.50 while the BSE Midcap and Smallcap indices gained 0.6-1 percent on positive breadth.

More than two shares advanced for every share falling on the exchange.

Asia markets were mixed, with energy stocks under pressure following overnight declines in oil prices and as traders waited to see if the world’s top oil producers would reach an agreement to cut production levels. Japan’s Nikkei 225 closed flat at 18,308.48, while in South Korea, the Kospi gained 0.36 percent.
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