The Nifty Midcap index rose 0.92 percent. Reliance Industries Ltd, Infosys Ltd, TCS, Maruti Suzuki, ITC, Bajaj Fiserv, Kotak Mahindra Bank and Bajaj Finance, gained upto 2 percent, were top contributors to the Nifty's gains.
Maruti Suzuki share price advanced 1.72 percent at Rs. 8979.50 after global brokerage firm JPMorgan has maintained overweight call with a target price at Rs 10,200 per share.
The MidCap and SmallCap shares were in line with their larger counterparts as the BSE MidCap and Small Cap index rose 0.7% and 0.4% respectively.
Oil marketing company’s shares advanced. Among state-run oil marketing companies, BPCL (up 0.8%) and Indian Oil Corporation (up 0.71%), edged higher, however, HPCL fell 0.17 percent.
Among oil explorers, the rising share are ONGC (up 1.28%), Reliance Industries Ltd (up 1.10%) and Oil India Limited (up 0.87%), edged higher.
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