Sensex remains firm; HDFC rallies 5.5 per cent

10 May 2007

Frontline Indian indexes are holding on to their morning gains, helped by the firm trend in other global markets. Metal stocks continue to drive the markets, supported by select financial, FMCG and auto stocks. Most other Asian indexes remain firm while Europe is mixed in opening

Sensex is trading higher by 167 points at 13949 at 12.50 PM IST.

Nifty is now trading higher by 45 points at 4124

Metal stocks continue to be the best performers. Tata Steel is now trading more than 3.5 per cent higher. Sterlite has gained close to 3 per cent while Hindalco and SAIL are trading around 2 per cent each higher

HDFC has surged ahead after the firm start and is now the best performer among Nifty stocks with gains of over 5.5 per cent