Sensex Sees A Sharp Surge As It Gains 150 Points, Nifty Hovers Around 10,750; Auto Stocks Gain

The market has gathered some strength now, with the Sensex rising around 80 points, while the Nifty was trading well above 10,700. A turnaround in banking names has brought about this rise in the market, which was already witnessing support from metals and IT names.

Midcaps, meanwhile, continue to trade weak, falling around one third of a percent. Tata Motors, Bharti Airtel, and Bharti Infratel have gained the most on both indices, while HDFC, M&M, BPCL and UltraTech Cement were the top losers.

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