Mumbai, June 25
The Indian benchmark indices opened over 400 points up on Wednesday amid positive global cues, as buying was seen in the IT, auto and pharma sectors in the early trade.
At around 9.25 am, Sensex was trading 445.6 points or 0.54 per cent up at 82,500.73 while the Nifty added 130.15 point or 0.52 per cent at 25,174.50
According to analysts, a significant feature of the recent market trend has been its resilience despite major challenges like the West Asian crisis.
"Even during the short India-Pakistan conflict, the market has been resilient. A significant contributor to this resilience has been FII buying during the crisis," said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.
Nifty Bank was up 31.25 points or 0.06 per cent at 56,493.15. The Nifty Midcap 100 index was trading at 58,867.80 after adding 245.40 points or 0.42 per cent. Nifty Smallcap 100 index was at 18,617.85 after climbing 165.10 points or 0.89 per cent.