Markets have resumed the rally after Friday's modest correction,
helped by the firm trend in most Asian markets. Most large
cap stocks are continuing the rally, helped by strong
opened at 10759 and rallied to a high of 10843. The index
is trading higher by 155 points at 10835 at 11.10 AM.
opened at 3131 and touched a high of 3176. The index is
trading higher by 41 points at 3172.
Energy is the best performer among index stocks, helped
by strong results for the June quarter. The stock is now
trading nearly 4.5 per cent higher.
stocks are doing well in early trades, led by M&M
which has added over 2.5 per cent. Maruti and Tata Motors
have added over 2 per cent each.
Computers is the best performer among tech stocks, trading
nearly 2 per cent.
Tea is the biggest gainer among FMCG stocks, which are
finding interest following good results from HLL. The
stock is trading nearly 3 per cent higher while ITC has
added over 2 per cent.
is another big winner, trading more than 2.5 per cent
Bank and Zee Tele are the other major gainers among Nifty
stocks, trading with gains of more than 2 per cent each.
are only four losers among index stocks in early trades.
Jet Airways is the worst performer among Nifty stocks
after the company reported losses for the last reporting
quarter. The stock is trading more than 0.5 per cent lower.
ONGC and VSNL are the other losers among Nifty stocks.
and small stocks are doing even better than the large
caps. The smaller stocks have extended their gains into
the fifth straight session as buying interest continues.
NSE mid-cap index is now trading with gains of around
1.85 per cent. BSE mid-cap index has gained over 1.62
per cent and the small-cap index is trading with gains
of around 1.89 per cent each. Market breadth on the NSE
is positive with nearly 6 stocks advancing for every declining
India, Blow Plast, Hindustan Motors, Monsanto India, Seshasayee
Paper and Corporation Bank are among the major mid-cap
Components, Visual Soft, MRO-Tek, Ador Welding, Indus
Ind Bank and Dredging Corp are the major mid-cap losers.