Market Live: Sensex rises 100 pts, Nifty above 9900

Equity benchmarks extended gains in morning trade, with the Sensex up 122.97 points at 32,027.37 and the Nifty up 38.50 points at 9,911.80.
Share price of Gravita India jumped 5 percent intraday as it has started recycling and commercial production of PET Flakes at its Jamaica plant.
 Reliance Industries shares rallied nearly 4 percent in morning trade to hit fresh 9-year high of Rs 1,587.7 ahead of its much awaited 40th Annual General Meeting that is scheduled to begin at 11 am.

 Wipro's Q1FY18 IT services revenue, at USD 1,972 million (up 0.9 percent QoQ), surpassed Street’s 1.7 percent decline estimate, while adjusted EBIT margin at 16 percent was bang in line.


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