Bluechips continue to gather momentum on Dalal Street

Bluechips continued to gather momentum on Dalal Street on Wednesday as strong earnings by several mid caps provided traders with enough fodder to go long on select sectors in the market. Strong gains were seen on the metals, Telecom, media and Power sector stocks. Here is a snapshot of the cash market on the exchanges around noon.

BENCHMARK INDICES
Nifty rose 23 points to 8,285
Sensex gained 82 at 27,389

BROADER INDICES
CNX 100 rose 0.2% to 8,382 points
CNX Mid Cap added 0.3% to 13,531 points
CNX Small Cap rose 0.4% to 5,611 points

SECTORAL INDICES
Bank Nifty rose 0.1% to 17,849 points
CNX IT gained 0.3% to 11,560 points
CNX Media added 0.5% to 2,563 points

TOP NIFTY GAINERS
Vedanta
Bharti Airtel
Tata Steel

TOP NIFTY LOSERS
Dr. Reddy's
Asian Paints
Tech Mahindra

TOP TRADED ON NSE
Infosys
Reliance Industries
Dr. Reddy's

NEW HIGHS
Cadila Healthcare
Kwality Ltd.
LT Foods

NEW LOWS
Federal Bank

ADVANCE-DECLINE RATIOS.
NIFTY: 36/14
SENSEX: 21/8
FUTURES: 84/80
BROADER MARKET: 1,351/952

(Image credits: linkedin)