|
A
strong closing by the US indices on Friday is helping
markets across Asia today. Crude prices are still around
the $60 per barrel mark further helping sentiment across
the region.
The
Sensex opened higher at 10796 and soon crossed the 10800
mark. The index saw a new lifetime intra-day high of 10884
and is trading higher by 86 points at 10851 at 11.10 AM.
The
Nifty opened at 3184 and crossed 3200 for the first time
in early trades. The index saw a new lifetime high of
3221 in early trades and is trading higher by 28 points
at 3212.
Telecom
stocks are continuing their rally from last week. VSNL
is the biggest gainer among index stocks and is trading
over 2.5 per cent higher. MTNL has added over 2 per cent.
Reliance
Communication Ventures is trading more than 6 per cent
higher, helped by the reorganisation proposal of the various
telecom operations. Bharti has gained over 1.5 per cent.
Technology
stocks are firm, led by TCS. The stock has gained around
2.5 per cent. Wipro has gained 2 per cent while Satyam
has added over 1.5 per cent. Infosys is trading firm by
a per cent.
Another
sector in the limelight today is FMCG. Dabur has gained
close to 2.5 per cent while HLL has gained over a per
cent.
Tata
Chemicals, Glaxo and Tata Steel are among the other major
gainers.
The
losers among Nifty stocks have lost only marginally. Tata
Motors, ABB and Hero Honda are trading lower today.
Mid-caps
are also doing well and the mid-cap index has gained close
to a per cent. The market breadth is positive with nearly
3 advancing shares for every declining share.
There
is no stopping RNRL today as well. The stock is locked
in the 10 per cent upper circuit.
Genus
Overseas, Aurionpro and Essar Oil are among the major
gainers in mid-caps.
GIC
Housing Finance, HB Stockholding and Sakuma Exports are
A strong closing by the US indices on Friday is helping
markets across Asia today. Crude prices are still around
the $60 per barrel mark further helping sentiment across
the region.
The Sensex opened higher at 10796 and soon crossed the
10800 mark. The index saw a new lifetime intra-day high
of 10884 and is trading higher by 86 points at 10851 at
11.10 AM.
The Nifty opened at 3184 and crossed 3200 for the first
time in early trades. The index saw a new lifetime high
of 3221 in early trades and is trading higher by 28 points
at 3212.
Telecom stocks are continuing their rally from last week.
VSNL is the biggest gainer among index stocks and is trading
over 2.5 per cent higher. MTNL has added over 2 per cent.
Reliance Communication Ventures is trading more than
6 per cent higher, helped by the reorganisation proposal
of the various telecom operations. Bharti has gained over
1.5 per cent.
Technology stocks are firm, led by TCS. The stock has
gained around 2.5 per cent. Wipro has gained 2 per cent
while Satyam has added over 1.5 per cent. Infosys is trading
firm by a per cent.
Another sector in the limelight today is FMCG. Dabur
has gained close to 2.5 per cent while HLL has gained
over a per cent.
Tata Chemicals, Glaxo and Tata Steel are among the other
major gainers.
The losers among Nifty stocks have lost only marginally.
Tata Motors, ABB and Hero Honda are trading lower today.
Mid-caps are also doing well and the mid-cap index has
gained close to a per cent. The market breadth is positive
with nearly 3 advancing shares for every declining share.
There is no stopping RNRL today as well. The stock is
locked in the 10 per cent upper circuit.
Genus Overseas, Aurionpro and Essar Oil are among the
major gainers
in mid-caps.
GIC Housing Finance, HB Stockholding and Sakuma Exports
are among the mid-cap losers.
|