Sensex Jumps Over 300 Points On Firm Global Cues; ITDC Jumps 16%

Ahead of the Christmas holiday, Indian markets opened firm amid positive global cues. At 9:23 am, indices traded firm with Sensex up 309 points or 0.67% at 46753, while Nifty gained 96 points or 0.71% to 13696. Broader markets outperformed headline indices with Nifty Midcap 100 up almost 0.83%.

Among top gainers in early trade are stocks like ONGC, Tata Motors, Bharti Airtel, GAIL and Britannia while early top losers include Infosys and Wipro.

Mrs Bectors Food will debut on the bourses today, with the final issue price pegged at Rs 288 per share. It is expected to see bumper listing after highest ever subscription seen by any IPO in 2020 of 198.02 times.

Shares of Bharti Airtel also gained after Wednesday's TRAI data which reported that Airtel pipped Jio in customer addition in the month of October.

Stock of Indian Tourism Development Corporation jumped as much as 16% on divestment buzz.

At the time of writing this copy, Asian indices traded strong with Japanese Nikkei up 0.41%, Hong Kong's Hang Seng 0.15% and Straits Times up by 0.29%.

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