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Sensex, Nifty hit fresh intraday high; breadth strong

The domestic equity barometers further extended gains and hit fresh intraday high in mid-morning trade. The Nifty marched towards the 14,800 mark. IT, financials and bank stocks supported the upmove.
At 11:23 IST, the barometer index, the S&P BSE Sensex, was up 385.43 points or 0.78% to 49,544.75. The Nifty 50 index added 125.45 points or 0.86% to 14,763.25.
In broader market, the S&P BSE Mid-Cap index and the S&P BSE Small-Cap index rose 1.16% each.
The market breadth was strong. On the BSE, 1779 shares rose and 801 shares fell. A total of 132 shares were unchanged.
COVID-19 Update:
Total COVID-19 confirmed cases worldwide stood at 131,707,267 with 2,859,868 deaths.
India reported 788,223 active cases of COVID-19 infection and 165,547 deaths, according to the data from the Ministry of Health and Family Welfare, Government of India. ....

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Subex partners with SkyLab to provide cybersecurity solutions for shipping industry

The partnership will deliver successful Internet of things (IoT) and Operational Technology (OT) security deployments to secure the ecosystem.Subex announced the signing of a partnership with SkyLab for offering internet of things (IoT) and operational technology (OT) cybersecurity solutions and services to the maritime sector.
These solutions offered jointly by Subex and SkyLab have been successfully deployed and are already securing ships and maritime infrastructure across oceans, the company said in a statement.
This partnership will help boost the overall cybersecurity posture of the maritime industry as ships, offshore and onshore maritime assets, communication channels and shipping infrastructure would now receive the highest levels of cybersecurity protection, threat risk management support, solutions, and services. ....

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Barometers trade with modest gains; metal stocks advance

The domestic equity benchmarks firmed up once again in mid-afternoon trade. At 14:23 IST, the barometer index, the S&P BSE Sensex, was up 269.36 points or 0.53% to 50,674.68. The Nifty 50 index rose 89.55 points or 0.60% to 15,027.65.
The broader market was trading higher. The S&P BSE Mid-Cap index advanced 0.48%. The S&P BSE Small-Cap index gained 1.03%.
Buyers outnumbered sellers. On the BSE, 1782 shares rose and 1258 shares fell. A total of 218 shares were unchanged.
Numbers to Track:
In the commodities market, Brent crude for May 2021 settlement rose 49 cents to $69.85 a barrel. The contract gained 3.92% or $2.62 to settle at $69.36 a barrel in the previous session. ....

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