Sensex at two-month zenith
The market firmed up further in afternoon trade, as telecom scrips extended early gains and ONGC edged up. Index heavyweight Reliance Industries (RIL) hit a record high.
At 13.56 pm the sensex is trading at 13707.17 almost 100 points up,while Nifty is up by 37 points at 4022.
Top gainers on the Sensex are NTPC, Bhati Airtel, Hindalco, ACC and top gainers on the Nifty are HCL Tech, Sterlite Ind, Sun Pharma and Zee Entertainment.Top losers on the Sensex are Tata Steel, Infosys, Bajaj Auto, BPCL and HPCL .
Telecom shares edged up on continued strong growth in new subscription additions. Bharti Airtel rose 2.3% to Rs 818 and Reliance Communications gained 2% to Rs 441.80. Both firms reported healthy addition to its subscriber-base in March 2007.
Index heavyweight Reliance Industries rose 1% to Rs 1419. The stock hit a high of Rs 1495 which is a lifetime high for the scrip. The stock has surged this month after chairman Mukesh Ambani had said on Monday that petrochemicals cycle has not yet peaked.
At 13.56 pm the sensex is trading at 13707.17 almost 100 points up,while Nifty is up by 37 points at 4022.
Top gainers on the Sensex are NTPC, Bhati Airtel, Hindalco, ACC and top gainers on the Nifty are HCL Tech, Sterlite Ind, Sun Pharma and Zee Entertainment.Top losers on the Sensex are Tata Steel, Infosys, Bajaj Auto, BPCL and HPCL .
Telecom shares edged up on continued strong growth in new subscription additions. Bharti Airtel rose 2.3% to Rs 818 and Reliance Communications gained 2% to Rs 441.80. Both firms reported healthy addition to its subscriber-base in March 2007.
Index heavyweight Reliance Industries rose 1% to Rs 1419. The stock hit a high of Rs 1495 which is a lifetime high for the scrip. The stock has surged this month after chairman Mukesh Ambani had said on Monday that petrochemicals cycle has not yet peaked.
Labels: Nifty.Sensex
posted by SY at 1:45 PM
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