The 30-share barometer index Sensex was trading above 145 points amid all round buying seen in banking, healthcare space. The risk appetite of investors rose on hopes that government will continue to introduce reforms in the economy. Moreover, the share markets also revived on expectations of a rate cut by the Reserve Bank of India in its monetary policy review next week.

Meanwhile, Japan’s Nikkei and Taiwan Index declined by nearly 21 points each.
State-run MTNL was up over 1.2 per cent amid reports that it is seeking government’s approval to raise between Rs 5,000-7,000 crore this financial year by issuing sovereign bonds. Stocks of Kingfisher Airlines were trading up by nearly 5 per cent amid reports that Etihad Airways is set to stake in the ailing airline.

At 10:29AM, BSE SENSEX was trading at 19555.24, up by 145.55 points or by 0.75 per cent and the NSE’s wide-based Nifty was trading at 5951.6, up by 42.7 points or by 0.72 per cent.

The BSE MIDCAP was trading at 7119.87, up by 3.27 points or by 0.05 per cent, while the BSE SMLCAP was trading at 7507.23, up by 37.15 points or by 0.5 per cent.

The top gainers of the BSE Sensex pack were Sun Pharmaceutical Industries Ltd. (Rs. 727.45,+3.54%), Hindustan Unilever Ltd. (Rs. 544.30,+2.08%), Jindal Steel & Power Ltd. (Rs. 417.35,+2.05%), Bajaj Auto Ltd. (Rs. 1997.50,+1.95%), ICICI Bank Ltd. (Rs. 1141.50,+1.83%), among others.

The top losers of the BSE Sensex pack were Hindalco Industries Ltd. (Rs. 121.25,-1.38%), Bharat Heavy Electricals Ltd. (Rs. 240.25,-1.27%), Sterlite Industries (India) Ltd. (Rs. 113.20,-0.57%), Tata Motors Ltd. (Rs. 278.80,-0.43%), Maruti Suzuki India Ltd. (Rs. 1487.00,-0.40%), among others.

The Market breadth, indicating the overall strength of the market, was weak. On BSE, out of total 2249 shares traded, 1313 shares advanced, 836 shares declined, while 100 remain unchanged.