Sensex jumps 400 points in afternoon session; Asian Paints, Titan, L&T top gainers

Sensex rose 480 points to 57,900 and Nifty was trading 151 points higher at 17,237. Asian Paints share was the top Sensex gainer, rising 2.48% followed by Titan, Ultra tech and L&T.

Benchmark indices were trading higher in afternoon session today, led by gains in consumer durables, capital goods and IT stocks. Sensex rose 480 points to 57,900 and Nifty was trading 151 points higher at 17,237. Asian Paints share was the top Sensex gainer, rising 2.48% followed by Titan, Ultra tech and L&T. PowerGrid was the top Sensex loser, falling 0.90 per cent, followed by Dr Reddy's and IndusInd Bank.

BSE mid-cap and small-cap indices gained 256 points and 423 points, respectively. On the sectoral front, BSE consumer durables, capital goods and IT indices rose 598 points, 437 points and 440 points, respectively.

All 19 BSE sectoral indices were trading in green. The market breadth was positive with 2,600 shares trading higher against 691 stocks in the red. 112 shares were unchanged.