Helped by sustained gains in Reliance Industries and Tata
Steel, markets are holding on to early gains. Other Asian
markets are holding on to gains while Europe has opened
Sensex is trading higher by 95 points at 12818 at 01.10
is now trading higher by 28 points at 3706.
Industries is holding on to gains of 1.5 per cent, providing
considerable support to the indices.
has gained further and is the best performer among index
stocks, trading nearly 3 per cent higher. MTNL and Bharti
are holding on to gains of 1.5 per cent each.
Steel has gained further after the joint confirmation
with Corus about the take over bid for the latter for
$8 billion. The stock is now trading more than 2.5 per
cent higher. Among other metal stocks, Hindalco has gained
over 1.5 per cent.
has gained further ground and is now trading close to
3 per cent higher. BHEL is holding on to gains of close
to 1.5 per cent.
is also sustaining the up trend with gains of close to
2 per cent.
Energy is the other major gainer, trading nearly 2 per
marketing stocks have lost further ground. HPCL is now
down nearly 2 per cent and is the worst performer among
index stocks. BPCL has slipped more than 1.5 per cent.
continues to be weak and has lost almost a per cent. ITC
is down close to 0.5 per cent.
Auto remains weak for the third session and has lost more
than 0.5 per cent. Hero Honda is trading with marginal
Glaxo, Suzlon and HDFC Bank are trading with modest losses.
and small caps have gained further after the firm opening.
The NSE mid-cap index is now trading with gains of close
over 1.15 per cent. BSE mid-cap index has gained over
1.2 per cent and the small-cap index is trading with gains
of nearly a per cent. Market breadth on the NSE remains
positive in early afternoon trades.
Gear, KLG Systel, Max India and Canfin Homes are locked
in the 10 per cent upper circuits.
Spinning, Ingersol Rand, Sasken Communications, CMC, ITI
and Infoemdia India are among the major mid-cap gainers.
Carbon, Alps Industries, Geometric Software, Softpro,
Hanung, Vivimed Labs and Cholamandalam DBS are the major