The Equity benchmark indices hit fresh intraday high with modest gains in early afternoon trade. At 12:40 pm, the BSE Sensex, was up 156.57 points or 0.57% at 27,531.82, while the Nifty50 index was trading up 53 points or 0.63% at 8,528.85. Gains in Asian stocks boosted sentiment on the domestic exchanges.
The market may remain volatile today, since traders roll over positions in the F&O segment from the near month January 2017 series to Feb 2017 series. The near month Jan 2017 derivatives contracts expire today, as stock markets remain closed tomorrow, 26 January 2017, for Republic Day.
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