MARKET LIVE: Sensex up 150pts, Nifty50 above 18,200; Ultratech gains 2%- QHN


Key indices Nifty50 climbed over 40 points to trade above 18,200 levels and the S&P BSE Sensex advanced over 100 points to trade at 61,293 levels.
Broader markets, too, jumped in tandem as Nifty SmallCap 100 and Nifty MidCap 100 indices surged up to 0.2 per cent. 
Sectorally, Nifty IT, Nifty Metal, and Nifty Realty indices slipped the most — up to 0.5 per cent. Nifty PSU Bank and Nifty Auto indices, however, gained up to 0.9 per cent.

Among individual stocks, shares of NDTV declined over 4 per cent as Adani Group’s open offer to buy additional 26 per cent stake starts today.

Besides, shares of JK Paper gained 4 per cent after the company acquired Horizon Packs and Securipax Packaging in a phased-manner for about Rs 578 crore. READ MORE

New listing


Shares of Kaynes Technology India listed at Rs 778, a 33 per cent premium over its issue price of Rs 587 per share on the National Stock Exchange (NSE). READ MORE

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