Sensex Soars 300 Pts, Nifty Hits 9300 For The First Time Ever

Benchmark indices extended rally in afternoon trade, with the Nifty hitting 9300 level for the first time ever despite mixed European cues.

The 30-share BSE Sensex was up 239.04 points at 29,894.88 and the 50-share NSE Nifty rose 72.25 points to 9,290.20.

The broader markets remained strong despite balanced breadth. The BSE Midcap index gained 0.9 percent and Smallcap was up 0.65 percent. About 1433 shares advanced against 1329 declining shares on the BSE.

Biocon and Indian Bank weer top BSE midcap gainers, up 10 percent each.

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