Indian equities continued to gain for the second day on Wednesday. Both Sensex and Nifty were trading above 4-month high. At 9.49 a.m, the Sensex was trading up 74.81 points or 0.21% at 35,767.33 with 18 components gaining. Meanwhile, the Nifty was trading higher by 10.70 points or 0.10% at 10,853.55 with 28 components gaining.
Biggest gainers in the 30-share index were Sun Pharmaceutical Industries (2.91%), Dr Reddy's Laboratories (2.41%), Tata Consultancy Services (1.77%), Axis Bank (1.76%), Cipla (1.59%), and State Bank Of India (1.10%).
On the other hand, Bharti Airtel (1.30%), Tata Steel (1.09%), Housing Development Finance Corporation (0.74%), Kotak Mahindra Bank (0.51%), Oil & Natural Gas Corporation (0.47%), and Hindustan Unilever (0.37%) were the biggest losers in the Sensex.
Market breadth was positive with 984 advances against 514 declines.
Indiabulls Housing Finance topped the value chart on the BSE with a turnover of Rs. 3,351.60 million. It was followed by Thomas Cook (India) (Rs. 436.29 million), Sun Pharmaceutical Industries (Rs. 260.15 million) and Tata Consultancy Services (Rs. 194.68 million).
The volume chart was led by Kwality with trades of over 4.94 million shares. It was followed by I V R C L (2.82 million), Indiabulls Housing Finance (2.78 million) and KSK Energy Ventures (2.26 million).