04 July 2011

Sensex gains


The BSE benchmark indices were trading on a strong note. TheNifty holds 5650 mark on the back of strong buying interest from realty, banks, auto and FMCG stocks. The broader indices midcap and smallcap were up nearly 1% each.
Reliance, Infosys, ICICI Bank, DLF and ITC were the positive contributors to the bourses.
Vibhav Kapoor of IL&FS is expecting the market to surge in soon on the back of positive developments like lower oil prices, FDI reforms in multi-brand retail.

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