Sensex marginally off high point, Nifty trades above 11,300; ICICI Bank, Axis Bank up 3%

Barring information technology names, all sectoral indices are trading in the green, with maximum gains visible in banks, auto, metals, pharma, and energy names.

It has been a steady move on the market so far on this Friday morning.

The Nifty is trading well above 11,300-mark.
Good global cues along with a stronger rupee are aiding sentiment on D-Street.

Among sectors, auto, banks, energy, metals and pharma names are trading in the green, while stocks in the midcaps space are trading flat.

The Sensex is up 315.02 points or 0.85% at 37436.24, while the Nifty is higher by 89.50 points or 0.80% at 11323.90. The market breadth is positive as 1,184 shares advanced, against a decline of 815 shares, while 130 shares were unchanged.

Shares of ICICI Bank and Axis Bank are the top gainers on both indices, while Yes Bank, Infosys and Indiabulls Housing have lost the most.

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