Broader markets outperform

The markets are trading firm Sensex is at 19,920 up 59 points and Nifty is up 14 points at 5974.

The broader markets have outperformed the benchmark indices, The Small-cap index has gained 103 points or 1.03% at 10,264 and the Mid-cap index is at 8087 up 55 points.

Manappuram General Finance and Leasing continues to lead the Mid-cap charts up 6% at Rs 139. South Induian Bank, J M Financial, Blue Star and Jindal South West Holdings have added more than 4% each.

Among the Small-caps PNB Glits leads the rally up 20% at Rs 34 followed by Meghmani Organics, Splash Media, Gati and Jindal Poly Films.

FMCG and Consumer Durables are the top gainers among the key sectoral gainers on BSE up more than 1% each.

Mild profit booking is seen in IT and Capital Goods stocks. Financial Technologies is the top loser among the IT stocks down more than 10% at Rs 1229 followed by Tech Mahindra down 3% at Rs 776. Rolta India, Wipro and TCS are also trading in the red.

In the Capital Goods space BEML is the top loser down more than 1% at Rs 1095 followed by Gammon India, Thermax, L&T and BHEL.

Hindustan Unilever continues to be the top gainer among the Sensex stocks up 3.19% at Rs 312 followed by Bharti Airtel, RCom and ONGC.

Jindal Steel, NTPC, Sterlite Industries, HDFC and L&T are the significant losers among the Sensex stocks.

The market breadth is extremely positive, out of 2720 stocks traded on the BSE 1899 stocks are advancing and 727 stocks are declining.