Monday, March 12, 2007

Market firm after halt due to sun outage

The market was firm in morning trade. Cement shares pared gains with Gujarat Ambuja Cements slipping into the red. IT and auto pivotals, construction and real esate firms nudged higher.

At 12.35 pm the sensex was up 138 points at 13024,while Nifty was up 52 points at 3770.
Telecom shares edged higher. Bharti Airtel gained 3.3% to Rs 775. Newly listed Idea Cellular rose nearly 3% to Rs 88.05.But Reliance Communications dropped 1.4% to Rs 416.80.Recently-listed Mindtree Solutions was the top-traded counter on BSE with a total turnover of Rs 57.22 crore. The Mindtree Solutions stock was up 2.80% to Rs 670, on a volume of 8.55 lakh shares.

The top gainers on the sensex and the nifty were Bharti Airtel,Wipro ,TCS.While the top losers were ITC,Gujarat Ambuja Cements and Reliance Comm.

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