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Open: Markets maintain rally after brief negative slip

Open: Markets maintain rally after brief negative slip
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First Published: Tue, Feb 10 2009. 10 46 AM IST
Updated: Tue, Feb 10 2009. 10 46 AM IST
Mumbai: The Bombay Stock Exchange benchmark Sensex maintained its upward march on Tuesday by opening over 70 points higher on sustained buying by funds on hopes of tax sops in the forthcoming interim budget.
The 30-share index, which had gained 493 points in the last two trading sessions, rose further by 70.41 to 9,654.30 in early trade.
Similarly, the broader National Stock Exchange Nifty rose by 18.50 points to 2,938.40 at the same time.
Traders said Asian stocks were trading mixed as uncertainty about the United State’s bank rescue plan kept investors on their toes.
Among major gainers which supported the Sensex were Bhel up by 0.73%, SBI by 0.63%, ICICI Bank by 0.83%, DLF by 4.90 per cent, Infosys by 0.77%, Sterlite by 0.64%, TCS by 1.44% and Mahindra and Mahindra by 3.26%.
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First Published: Tue, Feb 10 2009. 10 46 AM IST
More Topics: India | Stocks | Asia | Markets | BSE |