The benchmark indices in India were trading firm, up over 1 percent, in today's(8th February 2021) morning deals after opening higher for the sixth straight day, on the back of favourable global cues.
The S&P BSE Sensex clocked a fresh lifetime high and was trading over 700 points, 1.4 percent, at 51,440 levels. The broader Nifty50 index also opened above the 15,000-mark and then later conquered the 15,100 level. Mahindra & Mahindra shot up 9 percent and was the top Sensex gainer, followed by State Bank of India and Axis Bank, up 3 percent, each.
The Nifty sectoral indices were painted green, with the Nifty Bank index, up 2 percent, leading the charge.
Hundred and forty companies are slated to report their December quarter results today including Aditya Birla Fashion, Balkrishna Industries, and Globus Spirits.