Market Live:
Sensex rebounds 150 pts, Nifty opens above 10350; RIL, banks lead
Equity benchmarks
opened sharply higher after correction seen in previous two consecutive
sessions, backed by positive global cues and a bit of short covering in beaten
down stocks.
The 30-share BSE
Sensex was up 155.34 points at 33,374.15 and the 50-share NSE Nifty gained
48.30 points at 10,351.50.
Reliance
Industries, Tata Motors, ICICI Bank, IOC, HUL, SBI, Vedanta, HPCL, Axis Bank,
Sun Pharma, Bharti Airtel and Tata Steel gained 1-2 percent while Coal India,
IndusInd Bank, Eicher Motors and Infosys were under pressure.
Nifty Midcap
rallied 0.9 percent on strong market breadth. About five shares advanced for
every share falling on the BSE.
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