The markets have opened higher mirroring marginally higher Asian cues and buying interest in power, capital goods, oil and realty stocks. Midcap and small cap stocks also are trading higher. Market breadth is positive, 409 shares advanced while 107 shares declined. However, metal, banking and some technology stocks are under selling pressure.
At 9:56 am, the Sensex was up 74 points at 16,857 and the Nifty up 31 points at 5,080.
Gainers were BHEL, L&T, Rel Petro, Rel Industries, Unitech, Idea, NTPC, Siemens, DLF, Infosys, Cairn and ONGC while losers - HDFC Bank, TCS, Satyam, Wipro, HUL, SAIL and Tata Steel.
Polaris was up 5% on likely buy back offer, today it is going to announce Q4 results.
On the primary market front, recently listed Titagarh Wagons and Kiri Dyes were down over 1% and 2%, respectively in early trade.
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