The Sensex has pared gains and is now at 13,798, up 40 points . ____________________________________________ (Updated 1435 hrs)
The Sensex is now up 109 points at 13,867 The index after trading in a directionless manner rebounded and a touched a high of 13,897. The IT stocks continue to trade firm. Infosys and Wipro have surged nearly 4.5% each to Rs 1,7257 and Rs 388, respectively. TCS has gained 2.5% to Rs 398. Among the sectoral indices, Realty, Metal, Technology, Consumer Durables and Bankex indices have advanced. Sterlite and Tata Motors have rallied 4.5% each to Rs 582 and Rs 284, respectively. DLF, Tata Steel and ICICI Bank have added nearly 3% each to Rs 289, Rs 374 and Rs 653, respectively. Sun Pharma, Mahindra & Mahindra, HDFC, Tata Power have declined 1-2% each. The market breadth is marginally positive -out of 2,546 shares, 1,344 has advanced and 1,108 has declined.