Sensex, Nifty off opening highs; IT stocks gain, PSU Bank index falls 1%- 16 Feb 2018

  

The 30-share BSE Sensex was up 149.65 points at 34,447.12 and the 50-share NSE Nifty rose 48.30 points to 10,593.80.

Punjab National Bank lost another 2 percent on top of 21 percent fall in previous two consecutive sessions. Gitanjali Gems tanked 19 percent on top of 20 percent correction in Previous session.

Nifty Midcap as well as Nifty Bank indices rallied 150 points each.

Fortis Healthcare gained 4 percent as the Supreme Court allowed sale of pledged shares with lenders.

Indoco Remedies, Shriram EPC, Future Consumer, Apollo Hospitals, HOEC, KNR Construction, Vakrangee and 8K Miles Software were up 2-5 percent while Nalco was down 3 percent.

The BSE Sensex moved up 145.89 points, or 0.43 per cent, to 34,415.55. The Nifty rose 0.42 per cent to 10,589.50, which had touched 10,600 in early trade. 

NIFTY FUTURE UP 40.20 @ 10591.40

BANK NIFTY FUTURE UP 119.85 @ 25538.85

SENSEX UP 113.77 @ 34411.24

INR @ 63.84

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