Market updates LIVE: Indian benchmarks picked up momentum in midday trading Thursday and were trading nearly 1 percent higher, driven by gains in metals, public sector banks and auto stocks.
Among the major indices, the S&P BSE Sensex hovered around 49,920 levels, up 400 points, and the broader Nifty50 index surpassed the 14,800 mark. HCL Tech, IndusInd Bank and Titan were up 2% each and were the top winners from Sensex.
All Nifty industry indices except the Nifty FMCG index were in green, led by the Nifty Metal index (up 4%).
Meanwhile, broader markets outperformed their benchmark peers, with the S&P BSE MidCap and SmallCap indices trading 0.8% and 1.2% higher, respectively.
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