MARKET LIVE: Sensex erases early gains, turns flat; Nifty50 tests 18,000


Key indices Nifty50 climbed over 50 points to trade above 18,050 levels, whereas the S&P BSE Sensex advanced over 250 points to trade at 60,852 levels.
 
Broader markets, too, rose in unison as Nifty SmallCap 100 and Nifty MidCap 100 indices jumped up to 1 per cent.
 
All sectors started trade on a positive note, with Nifty Media, Nifty Metal, and Nifty PSU Bank indices gaining up to 1 per cent.
 
Among individual stocks, shares of NTPC gained over 1 per cent after the company inked pact with Italy-based Maire Technimont Group’s Indian subsidiary to evaluate green methanol production facility in India.

Besides, shares of Suven Pharma surged over 1 per cent after global private equity giant Advent International bought 50.1 per cent stake in the company for Rs 6,313 crore.

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