LIVE market updates: The Indian benchmark indices climbed off the early highs but were still trading in the green as the Indian government’s decision to vaccinate everyone above 18 years of age against Covid-19 from May 1 buyoed investor sentiment.
The S&P BSE Sensex traded around 48,050 levels, up 100 points, and the Nifty50 index hovered around 14,400. Bajaj Finance, Dr Reddy’s, Mahindra & Mahindra, and Bajaj Finserv gained 3 per cent, each, and were the top Sensex gainers.
All the Nifty sectoral indices traded in the green, led by Nifty PSU Bank index, up 1.7 per cent.
In the broader markets, the S&P BSE MidCap and SmallCap indices traded 1.7 per cent higher, each.
A total of nine companies, including Nestle India, Tata Steel Long Products, and Welspun Investments and Commercials are scheduled to release their quarterly earnings today.