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The equity market is still on fire as the Sensex is up 247.42 points or 1 percent at 24490.40 and the Nifty is up 69.55 points or 0.9 percent at 7438.40. About 1283 shares have advanced, 776 shares declined, and 102 shares are unchanged. BHEL, Tata Motors, Tata Steel, L&T and Hindalco are top gainers while ICICI Bank, Maruti, Lupin, NTPC and SBI are major losers. Oil prices held steady today in Asian hours despite a rise in US inventories, with traders hoping talks among major producers could lead to an output cap.
The Indian Stock market continued to see buying interest with the Sensex rising 190.55 points or 0.79 percent to 24433.53. The Nifty held 7400 level, up 52.10 points or 0.71 percent to 7420.95. The broader markets underperformed benchmarks with the BSE Midcap trading flat and Smallcap up 0.4 percent. The market breadth was positive as about 1050 shares advanced against 679 declining shares on the BSE.