Sensex off day’s high; Tata Steel, Tata Elxsi, USL most active

Epic Update Tata Steel

Epic Update Tata Steel

Benchmark indices remained higher in noon trade with the Sensex rising more than 100 points while the broader markets outperformed.

The 30-share BSE Sensex was up 129.91 points at 27365.57 and the 50-share NSE Nifty gained 46.95 points at 8444.95.

The BSE Midcap and Smallcap indices climbed over 0.6 percent each as about two shares advanced for every share declining on the exchange.

Sanjay Mookim of Bank of America Merrill Lynch says despite near-term GST disruption, Mookim expects the Sensex to deliver robust profit growth and to achieve a 9 percent total return from here on.

Tata Elxsi, United Spirits, HDFC, Force Motors, Tata Steel, PVR and Sun Pharma were most active shares on bourses.
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