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Sensex extends gains, midcaps outperform; ONGC up over 1.5%

Benchmark indices extended their gains from the morning session, with the Sensex looking to reclaim 30,000-mark.

The Sensex was up 129.14 points at 29987.94, while the Nifty was up 46.20 points at 9331.50. 

The market breadth remained health as 1,530 shares advanced against a fall of 781 shares, while 129 shares were unchanged.

Cement stocks held on to their gains, while ICICI Bank and ONGC gained on the indices as well. Meanwhile, Adani Ports, ITC and Hindalco were among the top losers.

Midcaps continued their stellar rally and were trading up over 0.75 percent.

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