Mumbai: The markets have continued Tuesday's rally further on the back of positive global cues and buying interest in technology, power, capital goods, pharma and real estate stocks. Market breadth is strong.
At 9.56 am, the Sensex was up 190 points at 16,377 and the Nifty up 61 points at 4,940.
Gainers are Satyam, Infosys, HCL Tech, Wipro, Unitech, L&T, Ranbaxy, Tata Power, ABB, DLF, Cairn, Bharti, HDFC and Tata Steel.
Midcap and Small cap stocks are also getting buying interest, indices up over 1per cent each.
Mastek gained nearly 14 per cent in morning trade after buyback offer, which will open on April 28 and price of offer will not exceed Rs 750 per share.
All BSE indices are trading in the green. BSE IT and TEck indices were up 3 per cent and 2 per cent respectively. Realty, Capital Goods, Power and Metal indices rose over 1per cent.
Asian markets were trading higher. Japan's Nikkei surged 1.42 per cent or 184.04 points at 13,174.62. Hong Kong's Hang Seng gained 0.84 per cent or 201.39 points at 24,102.72. Taiwan's Taiwan Weighted advanced 0.76 per cent or 67.63 points at 8,992.41. Singapore's Straits Times rose 1.32 per cent or 40.48 points at 3,096.97. South Korea's Seoul Composite was up 0.90 per cent or 15.63 points at 1,757.80.
US markets rose for the first time in three days, on better-than-forecast earnings at regional banks and record prices for oil and gasoline. The gain was led by financial and energy shares. Dow gained 60 points to close at 12,362. The Nasdaq shut 10 points higher at 2,286.
Comments
0 comment