The markets have held its early trade gains and still trading strong with the support from technology, realty, banking, metal, power and capital goods stocks. Midcap and small cap stocks are also trading positive. Market breadth is positive, 924 shares advanced while 220 shares declined on the NSE. On the global front, Asian markets have surged barring Shanghai Composite.
At 10.56 hrs IST, the Sensex was up 247 points at 16492, and the Nifty up 70 points at 4957. About 2056 shares have advanced, 747 shares declined, and 271 shares are unchanged.
Top gainers were Infosys, Satyam, DLF, Wipro, TCS, Cairn India and HDFC Bank while losers - HUL, Ranbaxy Labs, BHEL and Hero Honda.
Most active shares on the bourses were Orchid Chemicals, Infosys Technologies, Reliance Industries and NDTV.
Midcap and small cap stocks are trading very strong, indices up over 1.6% and 1.3%.
Technology stocks have been outperforming since Monday due to strong earnings from Infosys Technologies and HCL Technologies. Index was up over 4%.
BSE Realty and TEck were up over 3%, Bankex up 2.3%, Metal and Power indices rose over 1%.
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