Nifty hurdles towards 7250, Sensex firm

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Mumbai, Feb 22 (ANI): The market on Monday opened extending gains after flat opening, led by oil, banks, pharma, metals and infra stocks. The Sensex rose 61.43 points to 23770.58.

On the other hand Nifty advanced 21.85 points to 7232.60. The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.66 percent each.

HUL, Lupin, Tata Motors, Reliance Industries, Sun Pharma and ONGC gained 1-2 percent while ITC tanked three percent on fears of tax impact in Budget.

Maruti Suzuki witnessed a two percent fall due to production shutdown in Haryana. Markets in Asia shrugged off a slow start early today to trade higher, with major indexes in China, Japan and Hong Kong leading gains. (ANI)

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