Markets trade higher amid volatility

The Indian markets are trading with gains amid volatility ahead of credit policy to be declared today. The major heavyweights supporting the markets are RIL, L&T, HDFC, Bharti Airtel, HUL, TCS and Cipla. The market breadth was in favour of advances, with 56% shares rising and 40% shares falling. The broader indices — BSE Smallcap up by 0.07% and BSE Midcap up by 0.39%.

Asian shares are marginally higher, after the European Union announced it’s planning an embargo of Iranian oil exports.

Among the 13 sectoral indices, eight stocks were trading higher. Gainers - BSE CG up by 1.01%, BSE CD up by 0.93% and BSE Oil & Gas up by 0.80%. Losers - BSE Realty down by 0.83%, BSE Metal down by 0.40% and BSE Auto down by 0.36%.