14 Feb 11.10 AM:Frontline indices subdued in early trades

14 February 2006

Most Asian markets have recovered today despite a weak closing by the US indices yesterday. The decline in most commodity prices, except copper, is helping Asian markets. Crude oil is also trading lower in early Asian trades.

The Sensex opened with marginal gains at 10180 and saw a new intra-day lifetime high of 10185. The index is trading lower by 18 points at 10155 at 11.10 AM.

The Nifty opened at 3040 and saw an all-time intra-day high of 3052. The index is trading at 3043, higher by 2 points.

Tata Tea is the biggest gainer among index trades as the rally in tea sector stocks continues today. The stock is trading well above Rs1,000 with gains of nearly 4 per cent.

MTNL is continuing its rally from the last two session and is trading higher by more than 3.5 per cent.