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| Markets rebound in noon trades |
| BS Reporter / Mumbai Feb 08, 2010, 13:57 IST |
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The Sensex has rebounded and is now up 37 points at 15,952.
The Nifty is up nine points at 4,766.
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(Updated at 1335 hrs)
Markets have recovered from its low. The Sensex is now down just 80 points at 15,836.
The Nifty is down 30 points at 4,727.
Metal, oil & gas and auto indices are still trading in red.
European markets have opened in the green today. The CAC has gained 0.8% to 3,594. The FTSE has added 1.5% to 5,104.
Bharti Airtel has gained 3% at Rs 309. Reliance Communications has added 1% to Rs 167.
Sun Pharma has advanced 1.4% to Rs 1,508. Hero Honda and Larsen & Toubro are up 1% each.
On the other hand, Tata Steel has dropped 4.5% to Rs 534. Hindalco has shed 3.5% at Rs 136. Sterlite is flat at Rs 750.
Tata Motors has slipped 2.7% to Rs 662. DLF, ACC, HDFC and NTPC have declined 1-2% each.
IT stocks - TCS and Wipro have dropped 1.5% each. Reliance is down 1.2% at Rs 981.
The market breadth is negative. Out of 2,748 stocks traded, 1,480 have declined while 1,191 have advanced.
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