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| Sensex marginally up in early trades |
| BS Reporter / Mumbai Jan 06, 2010, 09:20 IST |
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The Sensex opened at 17,719 and touched a high of 17,790 on mixed cues from global markets. However, it has slipped and is now up 40 points at 17,726.
The Nifty is up four points at 5,282.
The BSE consumer durables index is up 1.2% at 3,917. However, the IT index is trading in red at 5,233.
The US markets ended flat on Tuesday as reports suggested a drop in home sales data. The Dow slipped marginally while the Nasdaq was unchanged. Asian markets, however, are trading marginally in the positive.
NTPC and Mahindra & Mahindra have gained 1.5% each at Rs 233 and Rs 1,169, respectively. ICICI Bank has added 1.4% to Rs 900.
Reliance Communications has moved up 1.3% to Rs 184. Tata Steel and Tata Motors are the other gainers in morning trades.
However, Hindalco and Jaiprakash Associates have slipped 1.5% each to Rs 173 and Rs 160, respectively.
Maruti Suzuki and Sun Pharma have also dipped over 1% each.
The market breadth is positive. Out of 1,719 stocks traded, 1,261 have advanced while 399 have declined.
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