Market Update: RIL hits record high, Axis Bank most active, Adani Ports, Ambuja Cements top gainers

The Indian market opened the week on a positive note with both the benchmark indices, Nifty and the Sensex reclaiming some lost grounds. The Nifty was up 0.56 percent or 56 points at 10202.50 while the Sensex gained over 150 points and trading at 32540. The Nifty midcap index was again the outperformer, up 0.77 percent led by Jubilant Foodworks, L&T Finance Holdings and Power Finance Corporation.

Bank Nifty was also trading in the green led by Federal Bank and State Bank of India which gained close to 1 percent. Punjab National Bank was other top gainers in the Bank Nifty which added 0.73 percent while Yes Bank was up 0.75 percent.

The top gainers in the Nifty were Adani Ports and Ambuja Cements which added over 2 percent each closely followed by UltraTech Cement and Hero MotoCorp. HCL Technologies from the IT space was the othet top Nifty gainer, up 1.7 percent. Themost active stock was Axis Bank which was however down 1.18 percent. Reliance Industries and Bharti Airtel were the other moost active stocks in the Nifty index.

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