Sensex gains 350 pts, Nifty hits 11,150; Midcap underperforms


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Bulls remained in power as benchmark indices extended gains in late morning deals, with the Sensex rising 346.62 points or 0.96 percent to 36,397.06.

Private banks, auto, technology and metals continued to support the market whereas PSU banks, FMCG and select pharma stocks were under pressure.

The 50-share NSE Nifty crossed 11,150 level also, trading 89.40 points higher at 11,159.10, but the broader markets underperformed.

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