Indian markets follows Asian markets, open positive
November 7th, 2007
The Reliance pack continued to be the top gainers in the first hours of trade. Reliance Industries, Reliance Petrol, RNRL opened in green
Midcap index is up 90 points, Sensex up 198 points and Nifty 50 is up about 70 points
Oil and Energy stocks are firm with Birla Power jumping over Rs. 5 at opening time.
Banking Stocks too are firm. Dema Bank needs special mention.
Sterlite Industries crossed the Rs. 1000 mark and is up Rs. 44.
Amtek Auto jumped Rs. 8 after the news of its UK acquisition.
Information Technology stocks are trading in the red. The Big 4 – Infosys, TCS, Wipro and Satyam have all opened in red. Infosys is now trading sub Rs. 1780 levels
Entry Filed under: Equity Markets, Opening trade
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