After a rousing start and a subsequent move up north, the Sensex has shed a portion of its gains now following a mild bout of profit taking in a few front line stocks. Still, at 16,405.85, the barometer remains well placed in the positive territory with a handsome gain of 161.66 points or 1%.
The Nifty, which spurted to a high of 4966.85 in early trade, has eased to 4935.80 but is still fairly high up in the positive zone with a strong gain of 48.50 points or 0.99%.
FMCG major Hindustan Unilever has lost around 0.65% at Rs 239.45. ITC has shed most of its gains and is up just marginally over its previous closing price now. PSU power equipment maker BHEL has suffered a marginal loss.
ACC, Ambuja Cements, Cipla, Maruti Suzuki and ONGC hang on in the positive territory with marginal gains. Reliance Industries, Hindalco, Larsen & Toubro, Mahindra & Mahindra, NTPC, Ranbaxy Laboratories, Reliance Energy and Tata Motors are up with modest gains.
IT heavyweights Infosys Technologies (3.8%), Satyam Computer Services (3.25%), Wipro (2.2%) and Tata Consultancy Services (1.8%) rule firm on strong buying support.
Tata Steel, State Bank of India, Jaiprakash Associates, ICICI Bank, HDFC Bank, HDFC, Reliance Communications and Bharti Airtel are also up in the positive territory with impressive gains.
Midcap stock MindTree Consulting has vaulted impressively following a sharp jump in its net profit for the quarter ended 31 March 2008. The company's net profit rose 45.19% to Rs 35.63 crore in the quarter ended March 2008 as against Rs 24.54 crore during the previous quarter ended March 2007. At Rs 467, the stock is up by as much as 14.5% over its previous closing price now.
Chambal Fertilizers & Chemicals, Coromandel Fertilizers, Bombay Dyeing, IVR Prime Urban, National Fertilizers, FSL, Renuka Sugars, Tata Teleservices, Triveni Engineering, BF Utilities, Nagarjuna Fertilizers, JM Financial Services, Gulf Oil Corporation, Shree Precoated Steels, Rashtriya Chemicals & Fertilizers, Balrampur Chini, Praj Industries, Torrent Pharma and Bajaj Hindustan are among the other top gainers from the midcap space.
The Nifty, which spurted to a high of 4966.85 in early trade, has eased to 4935.80 but is still fairly high up in the positive zone with a strong gain of 48.50 points or 0.99%.
FMCG major Hindustan Unilever has lost around 0.65% at Rs 239.45. ITC has shed most of its gains and is up just marginally over its previous closing price now. PSU power equipment maker BHEL has suffered a marginal loss.
ACC, Ambuja Cements, Cipla, Maruti Suzuki and ONGC hang on in the positive territory with marginal gains. Reliance Industries, Hindalco, Larsen & Toubro, Mahindra & Mahindra, NTPC, Ranbaxy Laboratories, Reliance Energy and Tata Motors are up with modest gains.
IT heavyweights Infosys Technologies (3.8%), Satyam Computer Services (3.25%), Wipro (2.2%) and Tata Consultancy Services (1.8%) rule firm on strong buying support.
Tata Steel, State Bank of India, Jaiprakash Associates, ICICI Bank, HDFC Bank, HDFC, Reliance Communications and Bharti Airtel are also up in the positive territory with impressive gains.
Midcap stock MindTree Consulting has vaulted impressively following a sharp jump in its net profit for the quarter ended 31 March 2008. The company's net profit rose 45.19% to Rs 35.63 crore in the quarter ended March 2008 as against Rs 24.54 crore during the previous quarter ended March 2007. At Rs 467, the stock is up by as much as 14.5% over its previous closing price now.
Chambal Fertilizers & Chemicals, Coromandel Fertilizers, Bombay Dyeing, IVR Prime Urban, National Fertilizers, FSL, Renuka Sugars, Tata Teleservices, Triveni Engineering, BF Utilities, Nagarjuna Fertilizers, JM Financial Services, Gulf Oil Corporation, Shree Precoated Steels, Rashtriya Chemicals & Fertilizers, Balrampur Chini, Praj Industries, Torrent Pharma and Bajaj Hindustan are among the other top gainers from the midcap space.
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