30 May 2011

Nifty gains

Indian equity started the first trade of week on a positive note amid volatility, supported by heavyweights. Asian markets too were trading in the green.

DLF, ONGC, Sun Pharma, SBI, ICICI Bank, L&T, Reliance Industries, Sterlite Industries, SAIL, BPCL, Ranbaxy Labs and HCL Tech were leading the markets higher in early trade.

However, Cairn was down 3%. Tata Steel was flat. At 9:19 hours, the 50-share NSE Nifty was trading at 5,495, up 19 points and the 30-share BSE Sensex gained 69 points at 18,335. 

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