26 May 2011

Tata Steel & Cairn India shine after the phenomenal results

A quiet start for the Indian markets ahead of its expiry today. 5300 remains key support level for the Nifty. Earnings have been a mixed pack for fourth quarter. Tata Steel, Cairn India and Coal India posted phenomenal results improving the sentiment of markets.

At 09.17, the Sensex was up 82.07 points or 0.46% at 17929.31, and the Nifty was up 15.45 points or 0.29% at 5364.40.

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