Good inflation numbers perk up markets
The market opened on a weak note, gripped by intense selling, tracking weak global markets.However the market staged a solid intra-day rebound, and is now in positive zone as a strong set of India Industrial Production (IIP) and better-than-expected inflation data lifted the market beyond the 13,800 mark.
At 13.15 pm the Sensex is trading at 13810 up by 39 points while Nifty is at 4080 up by 14 points.
Banking and IT stocks are among the major gainers.Bajaj Auto, Infosys and Reliance Communication are among the top gainers.Among the major losers are ACC, HLL and HDFC are among the major losers.
Index heavyweight Reliance was trading at Rs 1,587.00 up 0.35% from its previous close of Rs 1,581.40.Tech major Infosys was trading at Rs 2,009.65 up 1.88% from its previous close of Rs 1,972.50.Cigarette major ITC was trading at Rs 161.50 down 1.19% from its previous close of Rs 163.45.
At 13.15 pm the Sensex is trading at 13810 up by 39 points while Nifty is at 4080 up by 14 points.
Banking and IT stocks are among the major gainers.Bajaj Auto, Infosys and Reliance Communication are among the top gainers.Among the major losers are ACC, HLL and HDFC are among the major losers.
Index heavyweight Reliance was trading at Rs 1,587.00 up 0.35% from its previous close of Rs 1,581.40.Tech major Infosys was trading at Rs 2,009.65 up 1.88% from its previous close of Rs 1,972.50.Cigarette major ITC was trading at Rs 161.50 down 1.19% from its previous close of Rs 163.45.
Labels: Nifty.Sensex
posted by SY at 1:09 PM
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