Nifty reclaims 8,200; Sensex rallies 200 points, broader markets underperform

Equity Benchmark indices continue to trade with a positive bias, closing Nifty holding 8221.80 level, up by 51 points (+6.2%) and Sensex reaching at 26,697.82, up by 182.58 points (+6.9%).

About 1279 shares have advanced while 1312 shares declined, and 188 shares are unchanged. Tata Motors, Adani Ports, Axis Bank, Wipro and Reliance were gainers while BHEL, GAIL, Tata Steel, Lupin and HUL were losers in the Sensex.

Among broader markets, BSE Midcap index is down 0.8% while the Smallcap index is trading flat. In the overseas markets, Asian stocks were mixed prior to the anticipated US Fed Reserve 's monetary policy statement due tomorrow. The Fed is expected to hike rate of interest for only the second time in a decade accompanied by recent data suggesting the US recovery is gaining traction.

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