Stock market LIVE: Sensex, Nifty weaken; BSE SmallCap down 8% from Feb high | News on Markets

Stock market LIVE updates on March 12: After clocking tepid gains in early deals, the benchmark indices rose sharply higher in intraday trade on Tuesday amid buying in TCS, Infosys, HCL Tech, Wipro, Tech M, Sun Pharma, and Reliance Industries shares.

The S&P BSE Sensex was ruling over 400 points higher to quote around 73,930 levels, while the Nifty50 moved up 99 points to 22,400 levels.

In the broader markets, the BSE MidCap and SmallCap indices were trading weak with the former down 0.16 per cent and the latter 0.96 per cent.

Among sectors, the Nifty IT index added 0.7 per cent, followed by the Nifty Phama index (up 0.4 per cent). On the downside, the Nifty FMCG index slipped 1 per cent.