The losers on Sensex and Nifty were BPCL, which plunged 4%. SBI was also lower by 2.4%.

The gainers on Sensex and Nifty were M&M and NTPC gain 2% higher.

The Indian equity indices is currently trading higher led by M&M and Hindalco shares.

BSE Sensex is currently trading at 58,482.65 higher 94.72 points, while CNX Nifty is trading at 17,424.75, up 27.25 points.

The gainers on Sensex and Nifty were M&M and NTPC gain 2% higher.

The losers on Sensex and Nifty were BPCL, which plunged 4%. SBI was also lower by 2.4%.