Indian Markets Bounce Back
As buying continued in Technology Stocks and Index heavy-weight Reliance and ONGC, NSE Nifty is up by nearly 3.1% at 3.02 p.m. BSE Sensex is trading with a gain of 515 points while NSE Nifty has crossed 5300 mark with a gain of over 163 points. Stock markets bounced back on the last trading day of week as some select Technology counters gained decently.
Satyam Computers gained over 7%. The stock was trading at Rs 421 on renewed buying in the counter. Infosys Technologies was trading with a gain of 6%. Another Technology major HCL Tech was trading up by 9.2% at Rs 264. Polaris Software was also up by 7%.
ITC, ONGC and Maruti were among other gainers in today’s trading session.
HDFC was up by nearly 6 percent. Reliance Industries was trading 2.75 percent higher at Rs 2550.
Tata Power gained nearly 5 percent while Tata Motors was trading with a gain of nearly 8 percent.
Among major losers were Zee Tele, Tata Chemicals, ACC, SaReGaMa and ITI.