MARKET LIVE: Sensex trades higher in rangebound session; metals in focus

LIVE updates: The Indian benchmark indices were trading with slight gains in the Thursday’s rangebound session, ahead of the weekly options expiry.

The was trading around 51,450 levels, up 150 points while the broader Nifty50 index hovered around 15,150. Reliance Industries gained 3 per cent and was the top gainer, followed by Bajaj Finserv and Bharti Airtel (both up over 1%). On the other hand, Titan slid 2 per cent after the announcement of its December quarter results.

Among other individual stocks, Magma Fincorp rallied 10 per cent on report that Adar Poonawalla-controlled Rising Sun Holdings will acquire a 60 per cent stake in the non-banking financial company by subscribing to a Rs 3,456-crore preferential issue

The sectoral indices were trading mixed, with Metal index, up 0.8 per cent, leading the gainers.

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