Sensex up 200 pts, Nifty above 21,850; Auto leads

Equity benchmark indices opened flat on Wednesday tracking upbeat momentum in global markets ahead of the ongoing two day US Fed’s monetary policy meet.

The BSE Sensex was up 200 points to 72,036, and the NSE Nifty50 gained 69 points to reach above 21,850 levels.

Shares of Nifty Auto were up 1.07 per cent in early trade, while Nifty Realty and Nifty PSUs gained 0.94 and 0.83 per cent respectively.

Individual stocks such as Maruti, Powergrid NestleIndia, IndusInd Bank and Bajaj finance were trading in green on the Sensex. On the flip side, Tata Chemicals and Torrent Power were among the top losers on BSE.

The broader markets opened in green. The BSE MidCap and SmallCap indices were up by 0.30 and 0.17 per cent respectively.