Sensex nears 31,000, Nifty above 9550 for first time ever; Tata Steel up 5%

Epic Update Tata Steel
Benchmark indices were trading strong on the back of a bullish sentiment and a rally in frontline stocks.

The Sensex was up 164.95 points at 30914.98, while the Nifty was up 47.55 points at 9557.30. The market breadth was healthy as 1,664 shares advanced against a decline of 586 shares, while 97 shares were unchanged.

Tata Steel, Bharti Airtel and Hindalco were the top gainers, while Cipla, Sun Pharma and OMC stocks IOC and BPCL lost the most.

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