have resisted modest pressure in early afternoon trades
and the indices have moved past their early highs. Lower
inflation and sustained gains across Asian markets have
helped the sentiment. European markets have opened with
very strong gains.
is trading higher by 150 points at 13637 at 01.10 PM.
is now trading higher by 53 points at 3896.
stocks continue to do well and are holding on to gains.
SAIL is the best performer, trading nearly 4.5 per cent
higher. Tata Steel is up more than 4 per cent while Hindalco
is trading more than 3 per cent higher.
is still the best performer among index stocks, trading
nearly 5 per cent higher. Among other telecom stocks,
Reliance Communications has surged more than 3.5 per cent.
has moved up smartly and is supporting the indices considerably.
The stock is trading more than 2.5 per cent higher. IPCL
has gained well over 3 per cent.
is the best performer among cement stocks, trading more
than 3.5 per cent higher.
other gainers, Hero Honda has added nearly 3 per cent
and HDFC is trading more than 2.5 per cent higher.
are only four losers among index stocks. Zee Tele has
lost nearly 2 per cent on the last day of trading as a
combined entity. From Monday, the de-merged entities would
be listed separately.
has slipped more than 1.5 per cent and ITC is down more
than a per cent.
Power continues to trade with modest losses.
and small caps are also holding on to their gains. The
NSE mid-cap index is now trading with gains of a per cent.
BSE mid-cap index is trading with gains of nearly 1.25
per cent and the BSE small-cap index has added 1.5 per
cent. Market breadth on the NSE remains highly positive
with nearly 3 stocks advancing for every declining stock.
Technologies remains locked in the 10 per cent upper circuit.
BPL Limited, Flex Industries, SSI, RPG Transmission and
Hindustan Composites are also locked in 10 per cent upper
Pulp, Xpro India, Jagran Prakashan and Oil Country Tubular
are among the major mid-cap gainers.
Soya, Financial Technologies, BSL, McNally Bharat, IFB
Agro, Hanung Toys, Nilkamal Plastics, TCI Finance, Indo-Rama
Textiles and Onward Tech are the major mid-cap losers.