Nifty Reclaims 9200, Sensex Jumps 248 pts

Equity benchmarks extended gains in afternoon, with the Sensex rising 240.08 points to 29,605.38 and the Nifty up 78.85 points at 9,198.25, driven by HDFC, HDFC Bank, L&T, Reliance Industries, and Axis Bank.About 1626 shares advanced against 1070 declining shares on the BSE.

UltraTech Cement's fourth quarter standalone profit is seen falling 10 percent to Rs 610 crore compared with Rs 681 crore in same quarter last fiscal, impacted by operational performance and lower topline. Bottomline may get support from other income and lower depreciation.

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