MARKET: Sensex up 100 pts; Nifty tops 17,850; MidCap index hits record high

Dwell market place updates: The benchmark indices opened in the favourable territory on Wednesday with Nifty earlier mentioned 17,850. The BSE Sensex rose about 120 points to trade at 59,872 levels. ONGC, IOC and Coal India had been the leading gainers on the benchmark index. Top rated laggards were being Titan, Divi’s Lab, SBI Lifetime and IndusInd Lender.

Sectorally, barring Nifty IT and Pharma, all indices have been in the green. The broader indices, way too, opened larger. The Nifty Midcap 100 rose .4 for every cent and the Smallcap 100 was greater by .7 for every cent. In pre-open itself, the Midcap index had strike new report large amounts.