Nifty surges
past 10,900, Sensex up over 100 points; IT stocks drag on stronger rupee
Market opens It is a good
start to the market on Wednesday morning, with the Nifty surging past
10,900-mark. 
The Sensex is up 94.64 points or 0.26% at 36441.72, while the Nifty is
higher 30.50 points or 0.28% at 10939.20. The market breadth is positive as 378
shares advanced, against a decline of 68 shares, while 24 shares were
unchanged.
Among sectors, automobiles, banks, energy and metal indices are trading
in the green. Meanwhile, the Nifty IT index is down around half a percent due
to appreciating rupee.
Shares of Yes Bank, Asian Paints, Indiabulls Housing and HPCL gained the
most, while Hero MotoCorp, Power Grid, Infosys and Zee Entertainment are the
top losers.
Rupee update The Indian rupee, on
Wednesday, opened over 34 paise higher against the US dollar at 70.10 per US
dollar.
Stocks in the News: Dr Reddy's Labs,
NTPC, Fortis Health, J Kumar Infra, Welspun Enterprises
0731-4986981
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