MARKET LIVE: Sensex gains 150pts, Nifty50 above 18,200; IT index rises 1%

Key indices Nifty50 climbed over 50 points to trade above 18,200 levels, whereas the S&P BSE Sensex rose over 150 points to trade at 61,292 levels.

Broader markets, too, inched higher as Nifty MidCap 100 and Nifty SmallCap 100 indices advanced up to 0.9 per cent.

All sectors started trade on a positive note, with Nifty PSU Bank, Nifty Metal, and Nifty IT indices rising up to 0.9 per cent.

Among individual stocks, shares of HG Infra surged over 6 per cent after the company bagged LoA from the NHAI for a six-lane road in Haryana.

Besides, shares of Craftsman Automation gained over 4 per cent after the company acquired 76 percent of the total equity in DR Axion.