After a positive opening, market continuous trading into green territory on the back of overnight rally in the US market and positive sentiments across the major Asian markets. Addition to this, expectations of fright rate cut along with different populist measures by Railway Minister Lalu Prasad Yadav today kept sentiments upbeat. As a result, investors are accumulating stocks from Metal, CG and Banking sectors. On sctoral front, BSE Metal index is up by 2.41%, while BSE CG and Bankex indices are trading higher by 2.37% and 2.16% respectively. Overall the market breadth is positive as 1242 stocks are trading in green while 439 stocks are in red.
At 11.30 AM, the BSE Sensex is up by 157.9 points at 9,623.73 and NSE Nifty increased by 48.3 points at 2,941.35. The BSE Mid Cap and Small Cap are trading higher by 40.78 points and 44.54 points at 3008.89 and 3,419.33 respectively.
Gainers from the BSE Sensex Pack are Reliance Infrastructure up by (5.03%) to Rs. 577.65, along with Mahindra and Mahindra by (4.05%) to Rs. 312, L&T by (3.77%) at Rs. 707.9, Tata Steel by (3.72%) at Rs. 192.35, Jaiprakash Asso by (3.70%) at Rs. 75.75 and ACC Ltd by (3.23%) at Rs.566.95.
Gainers from the NSE Nifty Pack are Zee Entertainment by (5.84%) at Rs.120.45 along with Reliance Infrastructure by (4.83%) at Rs. 576.7, Mahindra and Mahindra by (3.94%) at Rs. 311.45, Tata Steel by (3.56%) at Rs. 192.2 and L&T by (3.56%) at Rs. 706.75.
BSE Metal is trading higher by (2.41%) or 123.82 points at 5,262.15. The major gainers are JSW SL trading up by (3.68%) at Rs. 233.60, along with Sesa Goa by (3.58%) at Rs. 96.95, Tata Steel by (3.72%) at Rs. 192.35, SAIL by (2.91%) at Rs. 90.15, followed by Ispat Industries by (2.67%) to Rs. 11.53.
BSE CG is trading higher by (2.37%) or 151.37 points at 6,540.32. The top gainers in the index are Gammon India inclined by (5.62%) to Rs. 77.95 along with Lakshmi MA W by (5.49%) to Rs. 532, SKF India by (4.96%) to Rs. 145.05, Kalpat Power by (4.13%) to Rs. 276 followed by Praj industries by (3.50%) at Rs. 60.70.
At 11.30 AM, the BSE Sensex is up by 157.9 points at 9,623.73 and NSE Nifty increased by 48.3 points at 2,941.35. The BSE Mid Cap and Small Cap are trading higher by 40.78 points and 44.54 points at 3008.89 and 3,419.33 respectively.
Gainers from the BSE Sensex Pack are Reliance Infrastructure up by (5.03%) to Rs. 577.65, along with Mahindra and Mahindra by (4.05%) to Rs. 312, L&T by (3.77%) at Rs. 707.9, Tata Steel by (3.72%) at Rs. 192.35, Jaiprakash Asso by (3.70%) at Rs. 75.75 and ACC Ltd by (3.23%) at Rs.566.95.
Gainers from the NSE Nifty Pack are Zee Entertainment by (5.84%) at Rs.120.45 along with Reliance Infrastructure by (4.83%) at Rs. 576.7, Mahindra and Mahindra by (3.94%) at Rs. 311.45, Tata Steel by (3.56%) at Rs. 192.2 and L&T by (3.56%) at Rs. 706.75.
BSE Metal is trading higher by (2.41%) or 123.82 points at 5,262.15. The major gainers are JSW SL trading up by (3.68%) at Rs. 233.60, along with Sesa Goa by (3.58%) at Rs. 96.95, Tata Steel by (3.72%) at Rs. 192.35, SAIL by (2.91%) at Rs. 90.15, followed by Ispat Industries by (2.67%) to Rs. 11.53.
BSE CG is trading higher by (2.37%) or 151.37 points at 6,540.32. The top gainers in the index are Gammon India inclined by (5.62%) to Rs. 77.95 along with Lakshmi MA W by (5.49%) to Rs. 532, SKF India by (4.96%) to Rs. 145.05, Kalpat Power by (4.13%) to Rs. 276 followed by Praj industries by (3.50%) at Rs. 60.70.
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