Mid-Session: Sensex, Nifty trade near day’s high; IT, pharma stocks up 27/09/2016 12:26

Mid-Session: Sensex, Nifty trade near day’s high; IT, pharma stocks up
27/09/2016 12:26

NIFTY Fut               : BUY ZONE
BANKNIFTY FUT : BUY ZONE


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The Indian stocks continued to witness buying activity in late morning deal on Tuesday, led by gains in IT and healthcare stocks, as traders roll over their positions ahead of the September futures & options (F&O) contracts expiry this Thursday. The market gains were restricted by mixed cues from Asian peers as traders anxiously awaited the outcome of the meeting of top oil producers to discuss measures to stabilize oil prices including a possible production freeze.

At 12:15 PM, the Bombay Stock Exchange bellwether Sensex was at 28396.6, up by 102.32 points or by 0.36 per cent, and the NSE Nifty was at 8754.2, up by 31.15 points or by 0.36 per cent.

On the sectoral front, IT and healthcare stocks were leading the gain, adding as much as 1.04 per cent and 0.93 per cent respectively.

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