Sensex jumps 134 pts; IT shares advance
Mumbai, May 29 -- The domestic equity benchmarks traded with minor gains in morning trade, supported by easing crude oil prices amid reports that the US and Iran were moving closer to an understanding to extend the ceasefire for another 60 days. Buying in IT shares and positive cues from global markets further boosted sentiment.
The Nifty traded above the 23,900 level. IT shares advanced after declining for previous trading session.
At 10:30 ST, the barometer index, the S&P BSE Sensex, added 133.54 points or 0.18% to 76,000.28. The Nifty 50 index rose 26.70 points or 0.11% to 23,933.85.
In the broader market, the BSE 150 MidCap Index shed 0.09% and the BSE 250 SmallCap Index jumped 0.55%.
The market breadth was positive. On the BSE, 2...
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