As reported earlier by TopNews that the markets may bounce back with Support of Reliance and SBI, the NSE Nifty has covered up all the intraday loss. NSE Nifty is right now trading with a gain of 15 points.

Reliance has gained 1.4%. SBI is up by 2.1 percent. Infosys is marginally up by 0.3%. Grasim has gained over 1.5 percent and the stock is currently trading at Rs 3700. Gujarat Ambuja cement is also up by 0.7%.

Hind Petro and IDBI are also trading in positive zones. Pharmaceutical counters Cipla and Ranbaxy are up by 1.4%.

Hindustan Lever is trying to get into positive zone. The stock is down by just 0.2 percent.

Among major losers are Reliance Energy, VSNL, L&T, GNFC, HDFC, Bank of India, Chambal Fertilizers and AXIS Bank.