The benchmark indices pared some of their opening gains in early morning deals. HUL, Titan, Wipro, Nestle India, Tech M, Infosys, Kotak Bank, L&T, TCS and HCL Tech were leading gains on the Sensex, up between 0.7-1.7 per cent.
Tata Steel, NTPC, IndusInd Bank, ICICI Bank, Axis Bank and Cipla were the top losers on the Sensex and Nifty.
Shares of Cipla slipped 5 per cent to Rs 910 on the BSE after more than 2 per cent of the total equity of pharmaceutical company changed hands via block deal.
At 10:38 hours, the 30-share benchmark index was trading at 56558.06 up by 152.22 points or by 0.27 % and then NSE Nifty was at 16886.7 up by 43.9 points or by 0.26 %.
Sensex touched intraday high of 56955.09 and intraday low of 56438.47 The NSE Nifty touched intraday high of 16998.95 and intraday low of 16839.25
The top gainers of the BSE Sensex pack were Nestle India Ltd. (Rs. 17986.35,+1.83%), Hindustan Unilever Ltd. (Rs. 2263.55,+1.63%), Wipro Ltd. (Rs. 549.90,+1.48%), Infosys Ltd. (Rs. 1707.45,+1.45%), Mahindra & Mahindra Ltd. (Rs. 1408.30,+1.31%), among others.
The top losers of the BSE Sensex pack were Tata Steel Ltd. (Rs. 1156.75,-2.46%), IndusInd Bank Ltd. (Rs. 926.05,-1.49%), ICICI Bank Ltd. (Rs. 743.90,-1.29%), Axis Bank Ltd. (Rs. 765.25,-1.03%), Power Grid Corporation of India Ltd. (Rs. 199.90,-0.99%), among others.
IT index was at 33954.02 up by 301.06 points or by 0.89%. Tanla Platforms Ltd. (Rs. 1517.65,+4.36%), NIIT Ltd. (Rs. 405.35,+1.57%), Wipro Ltd. (Rs. 549.90,+1.48%), MindTree Ltd. (Rs. 3830.65,+1.45%), Infosys Ltd. (Rs. 1707.45,+1.45%),.
Power index was at 3689.38 down by -68.46 points or by -1.82%. JSW Energy Ltd. (Rs. 310.10,-4.11%), Adani Transmission Ltd. (Rs. 1833.50,-4.02%), Adani Green Energy Ltd. (Rs. 1795.05,-3.73%), Power Grid Corporation of India Ltd. (Rs. 199.90,-0.99%), NTPC Ltd. (Rs. 131.30,-0.91%),.
The Market breadth, indicating the overall strength of the market, was weak. On BSE out of total shares traded 3342 , shares advanced were 997 while 2234 shares declined and 111 were unchanged.