Sensex flares up on buying in L&T, Zee

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Sensex flares up on buying in L&T, Zee

Our Web Bureau / Mumbai December 20, 2004

The market has gained more ground in mid-noon trades as steady to strong buying is seen in select old and new economy stocks. Although select heavyweights have slipped into the red, the Sensex is firm at 6,391 - up 46 points. The Nifty has gained 11 points to 2,023.

Infosys has inched up by 1.28% (Rs 27) to Rs 2,116. While Wipro has added 1.23% (Rs 9) to Rs 767, Satyam is up a per cent (Rs 3) at Rs 419.

HDFC Bank is still unchanged from its earlier gains of 2.27% (Rs 11) at Rs 493. While SBI has gained Rs 6 to Rs 589, ICICI Bank has inched up by 1.11% (Rs 4) to Rs 364.

Zee has spurted 3.22% (Rs 6) to Rs 179. L&T has shot up 4.60% (Rs 43) to Rs 981.

ITC has clocked a per cent gain (Rs 12) to Rs 1,267. Reliance is down Rs 2 at Rs 479, after a short stint in positive territory. HLL is down a rupee at Rs 148.

Cipla has added 2.21% (Rs 7) to Rs 305, and Dr. Reddy's has moved up 1.51% (Rs 13) to Rs 852. Ranbaxy, however, is still trading marginally lower at Rs 1,256.

Bharti is still languishing in negative territory at Rs 196 - down Rs 3 or 1.58%.