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MARKET LIVE: Sensex up 450 pts; BSE SmallCap index underperforms – Business Standard

LIVE market updates: The Indian benchmark indices extended their early gains in Monday’s noon deals, with major contribution from heavyweight Reliance Industries.

Among the headline indices, the S&P traded around 51,780 levels, up 360 points. Earlier, the index slid to as low as 51,180 in intra-day deals. The broader index, meanwhile, logged a fresh lifetime high in intra-day deals and topped the 15,550-mark. Reliance Industries rose 3 per cent and was the top Sensex gainer, followed by ICICI Bank (up 2%). On the other hand, Mahindra & Mahindra fell 6 per cent and was the top Sensex laggard.

The Nifty sectoral indices were mixed, with Nifty Auto index, down 1 per cent, being the top laggard.

In the broader markets, the S&P BSE MidCap index was up 0.53 per cent while the SmallCap index rose 0.68 per cent.

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