Nifty Reclaims 8900, Midcap At New High; Axis Bank Jumps 4%

Equity Benchmarks as well as broader markets gained strength in last hour of trade after Axis Bank merger talks gathered steam. The 30-share BSE Sensex rose 75.01 points to 28736.59 while the Nifty surpassed 8900 level, up 22.45 points at 8901.65. The Nifty Midcap hit a record high 16479.40, up nearly a percent.

Sensex, Nifty Remain choppy; Reliance Gains

Reliance Industries continued to support the market, up over 1 percent while Chairman and Managing Director speaking at Reliance Jio press conference.

Axis Bank, AuroPharma, Asian Paint,Techm and Grasim are Top Gainers while Infratel, Bhartiartl, TataPower, TCS and ITC are Losers in Sensex.
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