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Nifty reclaims 17000, Sensex jumps 450 pts amid strong global cues; Reliance leads gains
Indian benchmark indices opened on positive note amid positive global cues. The Sensex was up 498.42 points or 0.88 per cent at 57096.70, and the Nifty was up 145.40 points or 0.86 per cent at 17004. Hindalco Industries, Tata Motors, Tata Steel, IndusInd Bank and M&M were among major gainers on the Nifty, while Asian Paints, Cipla, TCS and Hero MotoCorp were the laggards. Broader markets outperformed benchmark indices as Nifty MidCap 100 and Nifty SmallCap 100 indices surged over 1 per cent each. Sectorally, Nifty Media, Nifty Metal, Nifty PSU Bank advanced in the range of 1 per cent to 2 per cent.