Nifty above 11,800, Sensex up 100 pts; Bharti Airtel, L&T top gainers
Market update: After kissing 40,100 in opening trade, market benchmark Sensex cooled off slightly. Around 09:25 hours IST, the 30-share pack was 125 points, or 0.31 percent, up at 39,956, with 19 stocks in the green. Bharti Airtel, Infosys and L&T were among the top gainers while Tata Motors, ONGC and Mahindra & Mahindra were among the top losers in the Sensex kitty.
The BSE Midcap and Smallcap indices were 0.52 percent and 0.36 percent up, respectively, around that time.
Among the sectoral indices, BSE Auto and Metal were in the red. BSE Telecom and Capital Goods rose up to 2 percent.
Rupee update: The Indian rupee opened lower by 6 paise at 70.90 per dollar on Wednesday versus previous close 70.84.
Stocks in the news: Tata Chemicals, SKF India, PVR, BEML, InterGlobe, Lemon Tree
Results on October 30: Tata Chemicals, Container Corporation, Tata Global Beverages, United Bank Of India, Graphite India, Heritage Foods, Indoco Remedies, JK TYRE, OnMobile Global, PTC India, Quess Corp, Sonata Software