Markets trade higher with Nifty above 18,200

Domestic benchmark indices in the fast lane today after theled by FMCG and Metal stocks outperforming. Both the Sensex and Nifty benchmarks were marginally higher despite mixed global cues.

On the sectoral front, realty and oil & gas index was under selling pressure however, alongwith metal and FMCG index surging around 0.5% each, IT, banking, media stocks also contributed marginally to drive the market sentiments.

At around 2:00 PM, Sensex was trading at 61,327.40 higher by 182.56 points or 0.30%. Nifty 50 traded at 18,211.15 higher 51.20 points or 0.28%.

Top Bulls on Nifty 50 are: IndusInd Bank (+2.5%), Ultratech Cement (+1.3%), Adani Ports (+1.08%) supported by Titan (+1%) and Divis Lab (+0.99%). Meanwhile, top losers on Nifty 50 are: BPCL (-1.2%), Nestle India (-0.79%), Power Grid (-0.78%), ONGC (-0.55%) and Kotak Bank (-0.42%).

Furthermore, Electronics manufacturing company Kaynes Technology India made a bumper debut on bourses, despite recent volatility in the  markets. The stock listed with a 32% premium over its issue price of Rs587.
  

Meanwhile, on the global front, Asia markets in Tokyo and Shanghai were quoting higher, while Seoul and Hong Kong were trading lower.

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