Benchmark indices were trading in the green on Monday afternoon as IT stocks lead the rally, post-TCS strong results.
At 1:14 pm , the NSE Nifty was up 88.15 points or 0.61 per cent at 14,435.40; the index opened at 14,474.05 as against the previous close of 14,347.25 and it an intraday high of 14,479.70 points.
The BSE Sensex was at 49,119.99, up 337.48 points or 0.69 per cent. It opened at 49,252.31against previous close of 48,782.5. The index hit an all-time high of 49,269.02 points.
IT stocks led the gainers; the Nifty IT was up 2.54 per cent to 26,825.85 while the S&P BSE IT index was at 26,670.09, up 834.11 points or 3.23 per cent.
However, metal stocks lose the momentum on profit booking. The Nifty Metal index was down by 1.86 per cent to 3,463.40.
Wipro, Infosys, TCS, HCL Tech and Maruti were some of the top gainers on the BSE while Nestle India, ICICI Bank, IndusInd Bank and Asian Paints were some of the top laggards.
The BSE midcap and smallcap indices were also down marginally.