are holding on to early gains as banking stocks have rallied
further and most other frontline stocks remain firm. Other
Asian markets remain firm but Europe has opened lower.
is trading higher by 146 points at 13854 at 01.10 PM.
is now trading higher by 27 points at 3968. Weakness in
ONGC is holding the Nifty back.
stocks continue to lead the rally. ICICI Bank has seen
a nice up move and is the best performer with gains of
nearly 3 per cent. HDFC Bank has gained close to 2.5 per
cent and PNB is trading well over 2 per cent higher. HDFC
has gained close to 2 per cent and SBI is holding on to
gains of over a per cent.
is holding on to gains of over 2 per cent while HPCL is
trading nearly 1.5 per cent higher. Among other oil and
gas stocks, Gail has added nearly 3 per cent while Reliance
Industries continues to trade more than a per cent higher.
has gained further and is up more than 2.5 per cent while
Infosys continues to trade more than a per cent higher.
Motors is holding on to gains of over 2 per cent.
Communications has gained nearly 2 per cent while MTNL
has added 2.5 per cent.
has come under pressure after a subdued opening and has
lost more than 0.5 per cent.
Power has slipped in early afternoon trades and is the
worst performer with losses of well over 0.5 per cent.
tech stocks, TCS and Wipro are trading with modest losses.
other losers, BHEL and SAIL are down over 0.5 per cent
each and Nalco has lost close to 0.5 per cent.
and small caps are holding on to early gains. The NSE
mid-cap index is now trading with gains of 0.9 per cent.
BSE mid-cap index is trading with gains of 0.85 per cent
and the BSE small-cap index is up 0.55 per cent. Market
breadth on the NSE remains positive in early trades with
nearly 2 stocks advancing for every declining stock.
which got re-listed today after the restructuring, is
now trading at Rs596.
Systems remains locked in the 20 per cent upper circuit.
Goldstone Tele, Automotive Stampings, Godavari Fertilisers
and Saregama are all locked in 10 per cent upper circuits.
Nilkamal Plastics, JHS Svengaard and Bluestar are among
the major mid-cap gainers.
Sugar, Teledata, RPG Cables, Paradyne Info, Genus Overseas
and HB Stock are the major mid-cap losers.