At 14:15 hours IST, continuous buying in shares of banking & financial, realty, metal, oil & gas and select power companies was helping the Nifty to stay in the green. But selling in FMCG, cement, auto stocks, and TCS, NTPC, Tata Power, Infosys, Idea & BHEL capped the gains. It was hovering around the 4,800 mark. On the global front, European markets were flat in trade.

The broader indices continued to outperform the benchmark indices, gained 2% each. The market breadth was positive; about 2090 shares advanced while 864 shares declined on the BSE. Nearly 812 shares were unchanged.

The Sensex was up 119 points at 16,183 and the Nifty gained 37 points at 4,803. The Nifty November future was trading with 6 points discount.

In largecaps, Suzlon Energy shot up 7% post yesterday's debt restructuring plan. Jaiprakash Associates gained 5%.

In the banking space, SBI was up 3.4%. PNB, Axis Bank and Bank of Baroda were up 2-2.5%. HDFC Bank and ICICI Bank gained 0.8-1%. Realty stocks like DLF and Unitech were up over 2%.

Metal stocks like Tata Steel, NALCO, Jindal Saw, Sterlite Industries and SAIL were up 1-3%. Hindalco was up 0.48%.

HPCL, BPCL, GAIL, IOC, Cairn India, Reliance Industries and ONGC moved up 0.5-1.5% in the oil & gas pack.

In the midcap space, Sun Pharma Advanced, National Fertiliser, Rashtriya Chemical, STC India and Reliance Industrial Infra went up 12-14.4%. However, Indiabulls Financial, Shriram City, Educomp Solutions, Wockhardt and PTC India fell 1.8-2.7%.

In the smallcap space, Nagarjuna Agric surged 20%. Usha Martin, JSW Holdings, Money Matters and Madhucon Projects gained 9-14%. However, Kanani Industries, Ushdev Int, Hatsun Agro, Ruchi Soya and Falcon Tyres slipped 3-5%.

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