Frontline indices are holding on to modest gains, even
as mid-caps and small caps have rallied ahead. Other Asian
markets remain mixed while Europe also has had a mixed
is trading higher by 21 points at 13728 at 01.10 PM.
is now trading higher by 6 points at 3961.
stocks continued to trade with very good gains. ABB and
Siemens are trading nearly 4 per cent each higher while
BHEL is up nearly 3.5 per cent. L&T is up almost 3
per cent while Suzlon Energy has added close to 3.5 per
is the best performer among index stocks, trading more
than 4.5 per cent higher.
oil marketing stocks, BPCL is up close to 2.5 per cent
and HPCL is trading nearly 2 per cent higher.
Tele has gained strength and is up nearly 2.5 per cent.
Power is holding on to gains of over 2 per cent.
has slipped further and remains the worst performer among
index stocks, with losses of more than 2.5 per cent. Among
other tech stocks, HCL Tech is down over 1.5 per cent.
remains weak by nearly 1.5 per cent on reports that the
company may be denied new domestic exploration blocks
in the last round of bidding.
Pharma has lost nearly a per cent while Cipla is down
more than 0.5 per cent.
Energy has come off its lows and is down nearly a per
remains weak by more than a per cent.
PNB and Nalco are the other losers.
and small caps have gained further after a firm opening.
The NSE mid-cap index is now trading with gains of close
to 0.9 per cent. BSE mid-cap has also gained almost 0.75
per cent and the small-cap index is trading with gains
of nearly 0.8 per cent. Market breadth on the NSE remains
modestly positive in early afternoon trades.
Enterprises, Kinetic Motors, Saregama, Binani Industries,
Swaraj Mazda and Vindhya Tele are all locked in the 10
per cent upper circuits.
Industries, Adlabs and Mid-Day are among the major mid-cap
Home, Softpro, Dhanalakshmi Bank, Arvee Denim, Nova Petro,
Reliance Industrial Infrastructure, BIL and Supreme Industries
are the major mid-cap losers.