The benchmark indices in India ticked up in today's(23rd March 2021) morning deals ahead of the Supreme Court's verdict on a batch of pleas by various trade associations seeking an extension of loan moratorium in view of the Covid-19 pandemic.
Among headline indices, the S&P BSE Sensex gained 200 points, or 0.4 percent, at 50,000 levels, and the Nifty50 index traded above the 14,800-mark. IndusInd Bank, Axis Bank, HCL Tech, ICICI Bank, Titan, and Maruti Suzuki gained over 1 percent each and were the top Sensex gainers.
The Nifty sectoral indices were painted green, led by the Nifty IT index, up 1 percent.
In the broader markets, the S&P BSE MidCap and SmallCap indices were trading 0.6 percent and 1 percent higher, respectively.