Nifty hits 9500 for first time, Sensex firmly above 30500

Epic Update ITC
Equity benchmarks rallied further in afternoon, with the Nifty hitting 9,500 level for the first time and the Sensex firmly above 30,500.

The 30-share BSE Sensex surged 212.35 points to 30,534.47 and the 50-share NSE Nifty gained 55.60 points at 9,501.

ITC (up 2.15 percent), Reliance Industries (up 1.32 percent) and TCS (up 2.24 percent) contributed almost 45 percent to index gain.

SBI, Maruti Suzuki, Bharti Airtel and Dr Reddy’s Labs gained 2-3 percent.

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