The Nifty 50 and Sensex opened higher, supported by gains in IT stocks, while investors remained cautious ahead of remarks from US Federal Reserve Chair Kevin Warsh at the Jackson Hole Symposium.
At 9:30 hours, the 30-share benchmark index was trading at 77208.94 up by 275.35 points or by 0.36 % and then NSE Nifty was at 24122.6 up by 31.75 points or by 0.13 %.
Sensex touched intraday high of 77220.46 and intraday low of 77043.34 The NSE Nifty touched intraday high of 24122.6 and intraday low of 24122.6
The top gainers of the BSE Sensex pack were Tata Consultancy Services Ltd. (Rs. 2312.10,+2.67%), Infosys Ltd. (Rs. 1136.00,+2.65%), Mahindra & Mahindra Ltd. (Rs. 1627.15,+2.62%), HCL Technologies Ltd. (Rs. 1309.00,+2.09%), Adani Ports & Special Economic Zone Ltd. (Rs. 1720.85,+0.92%), among others.
The top losers of the BSE Sensex pack were Mahindra & Mahindra Ltd. (Rs. 3313.00,-0.75%), Bajaj Finance Ltd. (Rs. 1070.20,-0.63%), Bajaj Finserv Ltd. (Rs. 1990.45,-0.59%), UltraTech Cement Ltd. (Rs. 11660.05,-0.49%), ICICI Bank Ltd. (Rs. 1438.60,-0.37%), among others.
_IT index was at 29706.97 up by 692.23 points or by 2.39%. Mastek Ltd. (Rs. 1686.25,+4.57%), Kellton Tech Solutions Ltd. (Rs. 15.61,+4.00%), Coforge Ltd. (Rs. 1963.00,+3.32%), LTM Ltd. (Rs. 4617.00,+3.17%), Newgen Software Technologies Ltd. (Rs. 539.00,+3.05%),.
CGS index was at 79316.94 down by -229.13 points or by -0.29%. Premier Energies Ltd. (Rs. 978.00,-2.58%), Apar Industries Ltd. (Rs. 17547.65,-2.02%), Cummins India Ltd. (Rs. 5135.15,-1.25%), GE Vernova T&D India Ltd. (Rs. 4347.70,-1.19%), CG Power and Industrial Solutions Ltd. (Rs. 887.75,-1.03%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3129 , shares advanced were 1810 while 1152 shares declined and 167 were unchanged.