Sensex, Nifty hold gains; midcap index hits record high; Axis up 1.5%

Sensex, Nifty hold gains; midcap index hits record high; Axis up 1.5%

Tuesday, March 28, 2017
After opening the session on a strong note, positive momentum continued in the market, driven by a rally in banks and midcaps. The Nifty midcap index clocked a record high figure.

The Sensex was up 144.74 points at 29381.89, while the Nifty was up 50 points at 9095.20. 

The market breadth indicated firm hand of the bulls as 1,410 shares advanced against a decline of 503 shares, while 83 shares were unchanged.

Axis Bank, Wipro, Idea Cellular and Bharti Infratel were among top gainers on both the indices, while ONGC, Coal India and Tech Mahindra were the top losers.

Shares of Bharti Infratel rose nearly 4 percent intraday on Tuesday as investors cheered the buzz of stake purchase by KKR.

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