Indices have moved up further, with strong support from steel, telecom, banking
and technology stocks. Other Asian markets continue to hold on to their gains.
is trading higher by 262 points at 13118 at 01.10 PM.
is now trading higher by 71 points at 3829.
Steel has gained further and is now the best performer among Nifty stocks, trading
nearly 5 per cent higher. SAIL has added more than 3 per cent.
has come off its highs, but is holding on to gains of over 4 per cent. Reliance
Communications has added nearly 4 per cent on excellent subscriber additions for
the month of March.
continues to lead the engineering pack with gains of nearly 3.5 per cent. BHEL
has added over 3 per cent.
is leading banking stocks with gains of over 3 per cent. HDFC Bank has added nearly
3 per cent while ICICI Bank and PNB are trading more than 2 per cent each higher.
has made a major up move and has added over 3.5 per cent. HLL has added more than
2 per cent.
has recovered from last week''s fall and has gained close to 3.5 per cent while
Tata Motors has added nearly 2 per cent.
tech stocks, Infosys is holding on to gains of 2.5 per cent while TCS is trading
well over 2 per cent higher. Wipro has gained 2.5 per cent and Satyam is up nearly
2 per cent.
continues to trade with gains of well over 2 per cent while Reliance Industries
is holding on to gains of nearly 1.5 per cent.
Energy is the other major gainer, trading more than 3 per cent higher.
Entertainment is the only loser among Nifty stocks, down more than 0.5 per cent.
and small caps have also moved up further. The NSE mid-cap index is now trading
with gains of close to 1.4 per cent. BSE mid-cap index has added nearly 1.6 per
cent and the BSE small-cap index has gained over 2 per cent. Market breadth on
the NSE remains very positive in early afternoon trades.
Industries has now added close to 16 per cent.
Rayon, Rane Madras, Samtel, Supreme Petro, Gwalior Chemicals, Paramount Cables,
Vishesh Info, SRF and Prime Focus
are the other major mid-cap gainers.
TVS Shrichakra, Nippo Battery, Shiv Texyarn, GM Breweries and Thiru Arooran Sugar
are the major mid-cap losers.