MARKET LIVE: Indices at day’s high, Sensex up 200 pts; IT stocks outperform


LIVE market updates: The Indian added to their early gains in Friday’s late morning deals, with IT stocks and private banks doing majority of the lifting.

The S&P traded 200 points up at 51,720, and the broader Nifty50 index topped 15,200. ITC fell 3 per cent after announcing its December quarter results and was the top laggard. On the other hand, IT stocks, including Infosys, HCL Tech, and Tech Mahindra ticked up 1 per cent, each.

The trend among sectoral indices was mixed, with the IT index, up 1.1 per cent, leading the gainers.

In the broader markets, the S&P MidCap index fell 0.3 per cent while the SmallCap index rose 0.2 per cent.

 





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