Bulls back on early trades on Indian stock markets
December 11th, 2007
The Asian markets are trading positive though not that bullish. Hang Seng is up 1% today while rest of the Asian markets are largely positive. Sensex is up 258 points while Nifty 50 is up 87 points.
Banking stocks – both largecap and midcap are trading firm. SBI is up Rs. 21. ICICI Bank, Bank of India, Kotak Bank, PNB, Oriental Bank, Union Bank, Canara Bank, HDFC Bank are all trading positive, many of them up +1%
Top gainers on the Nifty on early trades include Grasim, Unitech, HDFC, ONGC, GAIL, Glaxo, Bharti Airtel, Sterlite and Reliance. IT sector continues to be the most haunted sector comparing with others. Infosys Technologies is down by about 1%. Sterlite Industries is up Rs. 26
Entry Filed under: Equity Markets, Opening trade
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