Sensex gains 400 pts; Nifty IT extends gains, up 4%

The Nifty50 and the Sensex rose slightly amid negative global cues.

As of 12:00 PM, the Sensex rose 463.17 points or 0.64 per cent to 72,387.85 and the Nifty50 was up 150.10 points or 0.67 per cent at 22,513.45.

HCL Technologies, Tata Consultancy Services (TCS), and Tech Mahindra were the top gainers in the Nifty50 index.

In the broader markets, the Nifty Midcap rose 0.33 per cent and the Nifty SmallCap fell 0.69 per cent.

Sector-wise, the Nifty IT rose the most, while the Nifty Media and the Nifty Pharma declined the most.