Markets have gained further from their morning levels,
led by stocks in auto and pharma sectors. Banking stocks
and heavyweights like Reliance and ONGC are also providing
markets have recovered from their early weakness, led
by Japan, which has bounced back from a 2 per cent decline,
and closed more than a per cent higher. European markets
have opened with modest gains.
is trading higher by 145 points at 11160 at 01.10 PM.
is trading higher by 44 points at 3256.
stocks have rallied in early afternoon trades. Tata Motors
is the best performer among index stocks, trading nearly
4.5 per cent higher. M&M has added nearly 3 per cent.
Maruti has added nearly 2.5 per cent.
stocks are also finding good interest today. Glaxo is
still trading more than 3 per cent higher. Dr Reddy's
has added over 2.5 per cent while Ranbaxy is trading more
than 2 per cent higher.
is holding on to its gains of 3.5 per cent. SBI is now
up more than 2 per cent while ICICI Bank is trading with
gains of close to a per cent.
Industries has also gained further and is now up nearly
1.5 per cent. ONGC has added well over a per cent.
is the best performer among tech stocks, trading more
than 2.5 per cent higher. TCS and Wipro have gained over
1.5 per cent each while Infosys is up more than a per
metals, SAIL and Tata Steel have added over 2 per cent
each. Hindalco and Nalco are trading with gains of more
than 1.5 per cent each.
other major gainers, ITC, HPCL and Suzlon are all trading
with gains of around 2.5 per cent each.
are just two losers among Nifty stocks. Grasim and HDFC
Bank are trading with losses of below 0.5 per cent each.
and small stocks have also rallied further from their
morning highs. Sugar stocks continue to do well and other
major mid-cap stocks are also holding on to their gains.
NSE mid-cap index is now trading with gains of nearly
1.6 per cent. BSE mid-cap index has also added close to
1.8 per cent and the small-cap index is trading with gains
of 1.7 per cent. Market breadth on the NSE has improved
further with nearly four stocks advancing for every declining
Oil Exploration, IndiaBulls, Lumax Industries, Indo-Rama,
Gammon India, Mahindra Gesco, Balrampur Chini, Centurion
Bank, Shanti Gear and Hindustan Construction are among
the major mid-cap gainers.
Industries, Flex Chemicals, Apcotex Lattices and Panacea
Biotech are the major mid-cap losers.