Market Live:
Sensex, Nifty rebound at open; Sun TV, Bharat Financial gain
Equity benchmarks
rebounded with moderate gains amid volatility on Tuesday as investors remained
cautious due to geopolitical tensions surrounding around North Korea.
The 30-share BSE
Sensex was up 73.36 points at 31,775.61 and the 50-share NSE Nifty gained 20.65
points at 9,933.50.
Tech Mahindra, Tata
Motors and HDFC Bank were early gainers while TCS, HCL Technologies, Bharti
Airtel, ITC and HDFC were under pressure.
Nifty Midcap gained
half a percent as about five shares advanced for every share falling on the
NSE.
Tourism Finance
Corporation of India gained 6.5 percent. Thomas Cook and IFCI gained more than
3 percent.
Sun TV added
another 3 percent after CLSA raised target price to Rs 965 while Bharat
Financial was up 2 percent as Credit Suisse raised target price to Rs 1,055.
Indraprastha Gas,
Nandan Denim, Arvind, Sintex Industries, IRB Infrastructure, JM Financial,
Manappuram Finance and Suzlon Energy gained up to 3 percent. Castrol India,
Kwality, InterGlobe and Repco Home fell up to 14 percent.
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