by a recovery in other Asian indices, domestic indices
are on a recovery path in early trades. Markets across
Asia have bounced back today, despite the sustained down
trend in US indices yesterday. Asian indices are trading
with good gains and Thailand is the only loser among major
opened at 12573 and touched a high of 12721. The index
is trading higher by 198 points at 12613 at 11.10 AM.
opened at 3577 and saw a high of 3666. The index is now
trading higher by 60 points at 3636.
is the best performer among index stocks with gains of
over 4 per cent. Tata Motors has recovered over 3 per
oil & gas stocks, BPCL and Gail India are trading
with gains of close to 4 per cent each. HPCL is up over
2.5 per cent.
Industries has gained over 2 per cent and ONGC is trading
nearly 1.5 per cent higher.
Bank has bounced back over 3 per cent while SBI is trading
over 1.5 per cent higher.
the smaller banking and financial services stocks, Kotak
Mahindra and IDFC have recovered over 4 per cent each.
which was the biggest loser among tech stocks in recent
sessions, is leading the bounce back in the sector with
gains of nearly 4 per cent. Infosys has added nearly 3
per cent and TCS is up 2 per cent.
Airways, which had slipped substantially, has recovered
over 3 per cent.
Dr. Reddy's and BHEL are the other major gainers.
are only 5 losers among Nifty stocks. Hindalco is the
worst performer with losses of nearly 3 per cent while
SAIL has slipped another per cent.
Honda has lost over 3 per cent.
is down 1.5 per cent and HDFC Bank has lost nearly a per
and small caps also started the day on a very firm note,
but have already shed part of their gains. The NSE mid-cap
index is now trading with gains of over 0.9 per cent.
BSE mid-cap index has added over 0.75 per cent and the
BSE small-cap index is trading with modest gains of nearly
0.4 per cent. Market breadth on the NSE is positive in
early trades with nearly 2 stocks advancing for every
Baer has surged nearly 6 per cent on yesterday's announcement
of a large silicon wafer plant.
Tractors has added over 3 per cent on reports that bidders
including Tata Motors, M&M and Ashok Leyland have
submitted their offers for acquiring a 43 per cent stake
in the company.
has recovered 4 per cent after the steep fall of previous
two sessions and ING Vysya is trading over 3 per cent
Diamonds, Sundaram Clayton, Plastiblends, Williamson Magor,
Elgi Tyre, Nagreeka Exports and Khandwala Securities are
the major mid-cap gainers.
Silks, Lanxess ABS, BSL, Cybertech, Ruchi Infrastructure,
AI Champdany, Shreyan Industries and Jai Corp are the
major mid-cap losers.