At 2:20 p.m., the Sensex
was at 17,254.56, up 67.22 points, or 0.39 percent. It has touched a
high of 17,359.18 and a low of 17,195.51 in trade so far.
The Nifty was at 5,224.45, up 15.45 points, or 0.30 percent. It has touched a high of 5,262.15 and a low of 5,201.45 in trade so far.
The BSE Midcap Index was up 0.15 percent and the BSE Smallcap Index gained 0.29 percent.
Among sectoral indices, the BSE IT Index was up 1.71 percent, the BSE Oil & Gas Index advanced 0.53 percent, the BSE Realty Index gained 0.43 percent and the BSE Power Index was up 0.40 percent. The BSE Healthcare Index slipped 0.61 percent and the BSE FMCG Index declined 0.15 percent.
TCS (3.02%), DLF (2.42%), Infosys Technologies (2.01%), Hero MotoCorp (1.77%) and Tata Power (1.01%) are among the top Senssex gainers.
Goldman Sachs upgraded DLF to 'buy' from 'neutral'. It raised the target price of the stock to Rs 264 on expectations of a pickup in residential and commercial property sales.
BHEL (2.14%), Maruti Suzuki (1.91%), M&M (1.12%), Sterlite Industries (0.85%) and Sun Pharmaceuticals (0.72%) were the among the index losers.
Shares of Maruti Suzuki slipped after the company announced its quarterly results on Saturday. Its standalone net profit slipped to Rs 639 crore for the quarter ended March 2012 against Rs 659 crore in the same period a year ago. Net sales rose to Rs 11,486.36 crore for the March 2012 quarter against Rs 9796.71 crore in the corresponding quarter a year ago.
Shares of BHEL were down on profit booking amid media reports that the Rajasthan Rajya Vidyut Utpadan Nigam scrapped tenders worth over Rs 12,000 crore for setting up mega power projects.
The market breadth was positive on the BSE with 1,351 gainers against 1,279 losers.
European markets opened on a positive note. The FTSE 100 was up 0.23 percent and the DAX advanced 0.27 percent. The CAC 40 slipped 0.75 percent.
The Nifty was at 5,224.45, up 15.45 points, or 0.30 percent. It has touched a high of 5,262.15 and a low of 5,201.45 in trade so far.
The BSE Midcap Index was up 0.15 percent and the BSE Smallcap Index gained 0.29 percent.
Among sectoral indices, the BSE IT Index was up 1.71 percent, the BSE Oil & Gas Index advanced 0.53 percent, the BSE Realty Index gained 0.43 percent and the BSE Power Index was up 0.40 percent. The BSE Healthcare Index slipped 0.61 percent and the BSE FMCG Index declined 0.15 percent.
TCS (3.02%), DLF (2.42%), Infosys Technologies (2.01%), Hero MotoCorp (1.77%) and Tata Power (1.01%) are among the top Senssex gainers.
Goldman Sachs upgraded DLF to 'buy' from 'neutral'. It raised the target price of the stock to Rs 264 on expectations of a pickup in residential and commercial property sales.
BHEL (2.14%), Maruti Suzuki (1.91%), M&M (1.12%), Sterlite Industries (0.85%) and Sun Pharmaceuticals (0.72%) were the among the index losers.
Shares of Maruti Suzuki slipped after the company announced its quarterly results on Saturday. Its standalone net profit slipped to Rs 639 crore for the quarter ended March 2012 against Rs 659 crore in the same period a year ago. Net sales rose to Rs 11,486.36 crore for the March 2012 quarter against Rs 9796.71 crore in the corresponding quarter a year ago.
Shares of BHEL were down on profit booking amid media reports that the Rajasthan Rajya Vidyut Utpadan Nigam scrapped tenders worth over Rs 12,000 crore for setting up mega power projects.
The market breadth was positive on the BSE with 1,351 gainers against 1,279 losers.
European markets opened on a positive note. The FTSE 100 was up 0.23 percent and the DAX advanced 0.27 percent. The CAC 40 slipped 0.75 percent.
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