Sensex, Nifty, Midcap maintain uptrend; Hindalco, Vedanta shine

Equity benchmarks maintained morning gains with the Sensex rising 205.17 points to 24543.60 and the Nifty up 68.15 points to 7472.15. The broader markets also gained strength with the BSE Midcap and Smallcap indices climbing 1.4 percent and 0.8 percent, respectively.

The market breadth remained positive as about 1325 shares advanced against 943 declining shares on the BSE.

Metals stocks like Hindalco Industries and Vedanta topped buying list on Nifty, up 5 percent & 8 percent, respectively. Banking & financials, pharma and FMCG stocks also gained.

HDFC, Axis Bank, Tata Motors, ICICI Bank, Sun Pharma, SBI, Lupin, HUL, Hero Motocorp, Cipla and Bajaj Auto climbed 1-3 percent while Maruti Suzuki, GAIL and Adani Ports fell 1-2 percent.

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