Markets are holding on to their gains though the indices have come down from their record highs set in early trades. The firm trend in most Asian markets is helping the sentiment and FII investment figures are also positive.

The Sensex is trading higher by 82 points at 10847 at 01.10 PM.

The Nifty is trading higher by 26 points at 3210.

Technology stocks have gained further in early afternoon trades. TCS has gained close to 3 per cent and is the biggest gainer among index stocks. Satyam has gained further and is now trading more than 2 per cent higher. Wipro is holding on to a 2 per cent gains while Infosys is trading firm by over a per cent.

Telecom stocks are also maintaining the up trend from early trades, though they have come down marginally from higher levels. VSNL and MTNL have added close to 2 per cent each.

Reliance Communication Ventures is trading nearly 6 per cent higher while Bharti is holding to gains of over 1.5 per cent.

Dabur, L&T, Tata Chemicals and Reliance Energy are among the other major gainers.

ICICI Bank is the biggest loser among index stocks, trading more than a per cent lower. Nalco has also lost a per cent.

Hero Honda, PNB and ITC are among the other losers in large stocks.

Mid-caps have given up part of the early gains and the mid-cap index is now higher by over 0.5 per cent. The market breadth remains positive though it has declined from early trades.

RNRL continues to be locked in the 10 per cent upper circuit.

Calsoft, FCI OEN and Pantaloon Retail are among the major gainers in mid-caps.

GIC Housing Finance, HB Stockholding and Williamson Magor are among the mid-cap losers.