Shares of HDFC, Tata Motors and Hero Motocorp fell over a percent. TCS, Infosys, L&T, M&M, HUL and Sun Pharma declined 0.3-0.6 percent.
12:25
Moneycontrol BureauLive Market Commentary Equity benchmarks maintained positive momentum in noon trade supported by ITC and Reliance Industries. Banks too helped the market but technology stocks lost ground.
The Sensex rose 145.94 points to 21955.74 and the Nifty advanced 44.30 points to 6548.50. About 1380 shares have advanced, 956 shares declined, and 156 shares are unchanged.
Cigarette major ITC and petrochemical major Reliance Industries rallied 2 percent each.
Top lender State Bank of India gained 2.7 percent as media reports suggest that the bank is going to sell around Rs 5,000 crore worth of non-performing assets to asset reconstruction companies by March-end.
However, shares of HDFC, Tata Motors and Hero Motocorp fell over a percent. TCS, Infosys, L&T, M&M, HUL and Sun Pharma declined 0.3-0.6 percent.
11:00
Maruti Suzuki, Coal India, SBI, ONGC and Tata Power are top gainers in the Sensex. Among the losers are L&T, HDFC, TCS, Hero MotoCorp and Tata Motors.
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10:01
Top lender State Bank of India advanced 2 percent followed by HDFC Bank, Axis Bank and ICICI Bank with 1-1.5 percent.
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09:15
Maruti is up 7 percent as the board has decided to take minority shareholders' nod. The Indian rupee gained in early trade against the dollar. The rupee opened higher by 17 paise at 61.02 per dollar against the Friday's close of 61.19.
Read More »
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ITC RIL up 2%, HDFC weak; Nifty hovers around 6550
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