Business OpportunitiesSensex firm; IT, metal stocks lead
The Sensex after opening flat has now soared to a high of 16,885 on the back of buying in IT and metal stocks.
- Sensex at day"s high - Ranbaxy up on WHO"s nod for AIDs drug - Mahindra Satyam down 5% on L&T"s stake sale - Sensex opens flat - Positive IIP numbers fail to enthuse markets - Mutual funds" investor base falls in October
Among the list of gainers on the BSE now, Maruti has soared 2.5% to Rs 1,459. TCS and Tata Steel are up 2% each at Rs 667 and Rs 523, respectively.
Hero Honda, Infosys, HUL, Wipro, ICICI Bank and Hindalco have increased 1-2% each.
Jaiprakash Associates is the only major loser, down 2% at Rs 231.
Among the the sectoral indices, IT and metal indices are up 1.5% each.
The market breadth is fairly positive, out of 2,430 shares traded, 1,474 have advanced and 866 shares have declined on the BSE.