On monthly series expiry, the Indian markets on Thursday are trading on a positive note intraday as the Sensex surged almost 200 points, while the Nifty50 above the key sentiment level of 17250. The surge is mainly led by information and technology stocks along with pharma. 

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At around 01:14 pm, the BSE Sensex is up 166 points or 0.3 per cent to 57976 level, and the Nifty50 up over 41 points or 0.24 per cent to the 17255-mark intraday. On the contrary, the broader markets are trading mixed with mid-cap down marginally 0.2 per cent and small cap surged 0.4 per cent. 

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Swinging between the green and red zone, the 12-share banking index – Nifty Bank is trading at flan ore up 23.5 points or 0.07 per cent at 35069 marks, led by IndusInd Bank and HDFC Bank. 

As many as 27 shares are surging and 23 are on declining trend on the Nifty50 intraday. HCL Tech jumped most by over 2 per cent, followed by NTPC, Dr Reddy, Wipro, Tech Mahindra each up around 1.5 per cent intraday trade today. 

On the other hand, Bajaj Auto witness profit booking after gaining most at close on Wednesday, currently down almost 2 per cent, followed by IOC, Tata Motors, Coal India, and BPCL each up over 1 per cent intraday trade today. 

Sectorally, most of the indices are in the green, with Nifty IT surging most by over 1 per cent, followed by Nifty Pharma up over 0.5 per cent. While Nifty Metal along with Auto index witness selling pressure as each down around 0.6 per cent intraday. 

In the broader markets, Nifty Realty witness weakness over 0.6 per cent, while Nifty media is up nearly quarter per cent intraday trade today.