After a subdued opening, the frontline stocks have bounced back strongly on the major Indian bourses as investors looked for some bargain hunting after yesterday’s terrible fall. On a stock specific move, Bharti Airtel is trading higher by 1.08% after telecom major received bids from more than a dozen overseas banks keen to fund its around USD 23-bn merger deal with top South African mobile company MTN. During the last hours'' trading session, buying interest have been persistent across Realty, Capital Goods (CG) and Metal stocks whereas selling pressure has emerged across Consumer Durable (CD) counter. Among the BSE sectoral indices, Realty, CG and Metal stocks surged by 2.54%, 2% and 1.87% respectively, while the CD index declined by -0.02%. Overall the market breadth is positive as 1,325 stocks are trading in green while 696 stocks are in red
At 11:30 AM BSE SENSEX was at 14,964.85 up by 179.93 points or by (1.22%) and the NSE Nifty was at 4434.55 up by 46.65 points or by 1.06% The BSE MIDCAP was at 5,471.07 up by 85.56 points or by (1.59%)and the BSE SMLCAP was at 6,315.35 up by 103.64 points or by (1.67%)
Gainers from the BSE Sensex Pack are Hindalco Industries up by (3.34%) to Rs. 103.60, along with Jaiprakash Associate by (3.13%) to Rs. 209.10, L&T Ltd by (2.63%) at Rs. 1,449, DLF Ltd by (2.51%) at Rs. 373.55, Mahindra and Mahindra by (2.46%) at Rs. 765.20 and Reliance Communication by (2.26%) at Rs.251.
Gainers from the NSE Nifty Pack are Idea Cellular surged by (3.19%) at Rs. 79.15 along with Hindalco Industries by (3.14%) at Rs. 103.4, Siemens Ltd by (3.12%) at Rs. 445, DLF Ltd by (3.05%) at Rs. 375.5, L&T Ltd by (2.93%) at Rs. 1,454.35 and HUL (2.54%) at Rs. 254.7.
BSE Realty is trading higher by (2.54%) or 92.98 points at 3,755.68. The top gainers in the index are Phoenix mill surged by (6.33%) to Rs. 132.75 along with Penland Ltd by (4.35%) to Rs. 79.10, Indiabul Real by (3.36%) to Rs. 226, followed by Housing Dev by (3.21%) at Rs. 276.80.
BSE CG is trading higher by (2%) or 237.04 points at 12,118.21. The major gainers are Elecon Eng surged by (3.56%) at Rs. 75.65 along with Siemens Ltd by (3.31%) at Rs. 445.80, AIA Eng by (2.85%) at Rs. 236.50 followed by L&T Ltd by (2.63%) at Rs. 1,449.
At 11:30 AM BSE SENSEX was at 14,964.85 up by 179.93 points or by (1.22%) and the NSE Nifty was at 4434.55 up by 46.65 points or by 1.06% The BSE MIDCAP was at 5,471.07 up by 85.56 points or by (1.59%)and the BSE SMLCAP was at 6,315.35 up by 103.64 points or by (1.67%)
Gainers from the BSE Sensex Pack are Hindalco Industries up by (3.34%) to Rs. 103.60, along with Jaiprakash Associate by (3.13%) to Rs. 209.10, L&T Ltd by (2.63%) at Rs. 1,449, DLF Ltd by (2.51%) at Rs. 373.55, Mahindra and Mahindra by (2.46%) at Rs. 765.20 and Reliance Communication by (2.26%) at Rs.251.
Gainers from the NSE Nifty Pack are Idea Cellular surged by (3.19%) at Rs. 79.15 along with Hindalco Industries by (3.14%) at Rs. 103.4, Siemens Ltd by (3.12%) at Rs. 445, DLF Ltd by (3.05%) at Rs. 375.5, L&T Ltd by (2.93%) at Rs. 1,454.35 and HUL (2.54%) at Rs. 254.7.
BSE Realty is trading higher by (2.54%) or 92.98 points at 3,755.68. The top gainers in the index are Phoenix mill surged by (6.33%) to Rs. 132.75 along with Penland Ltd by (4.35%) to Rs. 79.10, Indiabul Real by (3.36%) to Rs. 226, followed by Housing Dev by (3.21%) at Rs. 276.80.
BSE CG is trading higher by (2%) or 237.04 points at 12,118.21. The major gainers are Elecon Eng surged by (3.56%) at Rs. 75.65 along with Siemens Ltd by (3.31%) at Rs. 445.80, AIA Eng by (2.85%) at Rs. 236.50 followed by L&T Ltd by (2.63%) at Rs. 1,449.
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