Eicher, Hindalco, Vedanta among top Nifty50 gainers

NEW DELHI: NSE Nifty index reclaimed the psychological level of 9,600 on account of heavy buying in FMCG heavyweight ITC. Shares of ITC scaled fresh all-time high of Rs 354.80 in morning trade after the Central Board of Excise and Customs (CBEC), over the weekend, removed excise and additional excise duty on cigarettes.

Bharti Infratel (up 4.11 per cent), Hindalco (up 2.93 per cent), Vedanta (up 1.93 per cent), Eicher Motors (up 1.80 per cent) and Maruti Suzuki (up 1.58 per cent) were among other top gainers in the index.

Hindustan Unilever (up 1.05 per cent), Coal India (up 1.04 per cent), Tata Steel (up 0.95 per cent) and UltraTech Cement (up 0.93 per cent) too were among the 37 stocks on NSE, trading in green.

However, HCL Tech (down 1.46 per cent), NTPC (down 1.23 per cent), Wipro (down 0.97 per cent), Bajaj Auto (down 0.91 per cent), Kotak Bank (down 0.87 per cent) and Sun Pharma (down 0.76 per cent) were among the 14 stocks trading in red around 12.30 pm (IST).

Market opened today with an upbeat stance, extending its weekend gains following the GST kick-off amid mixed Asian cues.

Benchmark Nifty50 index was 87 points up at 9,608, while the 30-share Sensex was 300 points up at 31,221 at around the same time.

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