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17 March 2009

Market Bounce Back

The benchmark indices bounced back following positive US cues and managed to recover yesterday's losses. Real estate, financial, auto and metal stocks were helping the markets.
At 9:56 am, the Sensex was trading at 8,999, up 135 points and the Nifty was trading at 2,795, up 37 points. CNX Midcap 100 was up 42 points, to 3,205.
Among frontliners, ICICI Bank, DLF, Unitech, Suzlon, Tata Steel, Tata Motors, SAIL, HDFC Bank, Reliance Industries, Cairn, PNB, SBI and HDFC gained.
Among midcap stocks, SREI Infrastructure, Akruti City, HDIL, Alok Industries, Kingfisher Airlines, Educomp Solutions, Everonn Systems, Deccan Chronicle, Balaji Telefilms and Edserv Softsystems were up 5-9%.

source : www.moneycontrol.com/india/news/local-markets/mkts-bounce-back+ve-us-cues-financials-realty-up/389293

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