Markets have gained further, led by financial and banking
stocks. Asian markets continue to trade with strong gains
while Europe has also opened firm.
is trading higher by 196 points at 12400 at 01.10 PM.
is now trading higher by 55 points at 3570.
and financial stocks have rallied further after the firm
opening. OBC is the best performer among index stocks,
trading nearly 5.5 per cent higher.
Bank has gained close to 4.5 per cent while PNB has rallied
over 3 per cent. SBI is up 2.5 per cent and ICICI Bank
has gained nearly 2 per cent.
tech stocks, both Infosys and Wipro are trading with gains
of over 2.5 per cent each. TCS has added close to 2 per
cent while Satyam is holding on to gains of over 1.5 per
Steel is trading nearly 2.5 per cent higher on rumours
about acquiring Corus.
Communications is holding on to gains of over 2.5 per
continues to trade more than 2.5 per cent higher. ONGC
has added close to 1.5 per cent while Reliance Industries
is up nearly a per cent.
is also holding on to gains of close to 2.5 per cent
are still no losers among Nifty stocks.
and small caps have also gained further after the strong
opening. The NSE mid-cap index is now trading with gains
of over 1.8 per cent. BSE mid-cap index has added close
to 2 per cent and the small-cap index has gained over
1.85 per cent. Market breadth on the NSE remains extremely
positive with nearly 10 stocks advancing for every declining
LNG is locked in the 20 per cent upper circuit on reports
of a stake sale to a Qatar-based gas company.
Securities, Elgi Tyre, Pudumjee Pulp, Walchandnagar Industries,
Premier Limited, Eurotex, JK Industries, Moser Baer and
Apollo Tyres are among the major mid-cap gainers.
Newsprint remains weak with losses of 5 per cent.
Mirc Electronics, Ashapura Minechem, Cinevistas, Kinetic
Motors and GKW are the major mid-cap losers.