Sensex up 87 points; ICICI Bank, Maruti top gainers

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Sensex was higher by 106 points at 32,079, While Nifty was up by 30 points at 10,682.

Asian markets were mixed, United States equities rose to record highs yesterday as investors remained optimistic about the market heading into the corporate earnings season.

Infosys gained 0.5 per cent ahead of its Q3 earnings.

At 11:04 AM, the BSE Sensex was trading at 34,580, up 76 points, while the broader Nifty50 was ruling at 10,675, up 24 points.

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The Nifty50 too had opened at a fresh level of 10,682.55 points and touched a new intra-day high of 10,690.25 points. Most Asian stocks closed higher after strong lead from Wall Street.

At 3:30 pm: The Indian equity indices gained lost ground after falling following the Supreme Court judges press conference. "Indices later bounced back to close the session with small gains", Jasani said.

Among the secondary indices, the S&P BSE Mid-Cap index rose 0.41%. Positive trade in global market and expectation of revival in domestic earnings from H1FY18 is upholding the healthy sentiment.

The government will also announce today, 12 January 2018, inflation data based on consumer price index (CPI) for December 2017.

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Sectorwise, the S&P BSE banking index rose by 145.58 points, followed by oil and gas index by 112.02 points and capital goods index by 95.84 points. On the other hand, realty index fell 1.46 per cent, FMCG 0.52 per cent, power 0.47 per cent and healthcare 0.34 per cent.

On the sectoral front, Media rose 1.71 per cent, Private Bank 0.52 per cent, Finance Service 0.43 per cent, Bank 0.34 per cent and Auto 0.31 per cent.

Notable losers were TCS 1.27 percent, Bharti Airtel 0.82 percent and Wipro 0.45 percent.

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