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MARKET LIVE: Sensex up 300pts, Nifty50 nears 17,700; Bharti Airtel gains 1%.

Opening Bell

Markets opened on a positive note in Thursday’s trade on the BSE amid strong global cues. Frontline indices Nifty50 rose over 50 points to trade above 17,650 levels and the S&P BSE Sensex climbed over 250 points at 59,326 levels.
Broader markets, too, reflected similar resilience as Nifty Midcap 100 and Nifty Small cap 100 surged up to 0.7 per cent.

All sectors turned in the green zone. Nifty Media, Nifty Realty, Nifty IT lead the charge. 

Bharti Airtel, Tata Steel, Titan, HUL were top contributors to the benchmark indices. Meanwhile, Asian Paints and Nestle India weighed on the indices.
Among individual stocks, shares of NHPC gained 2 per cent after subsidiary signed MoU with the government of Rajasthan.

Besides, shares of RBL Bank soared over 23 per cent in three days after board cleared Rs 3,000 crore fund raise.

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