Markets attempt pullback

The markets have recovered from the intra day's low levels and are trading higher; the Sensex is up 78 points at 20,255 and Nifty has revisited the crucial 6100 mark, higher by 28 points.

Meanwhile, the European markets have opened on a negative note, with CAC losing 36 points at 3831 and FTSE at 5796 lower by 18 points. Most of the Asian markets ended the day on a weak note, Taiwan ended at 8240 down 75 points, Straits ended lower by 6 points at 3245 and Hang Seng is also lower by 65 points at 24,157. However, Nikkei was an exception, ending higher by 102 points at 9827

Back home, Cipla leads the Sensex gainers charts up 2.8% at Rs 339 followed by SBI, Wipro, HDFC Bank, ICICI Bank and Tata Steel.

Reliance Communication, Hindalco Industries and DLF are among the losers on the Sensex.

The BSE Baking index- Bankex leads the sectoral pack 1.71% or 242 points at 14,408 followed by IT, Healthcare and FMCG indices. BSE Realty index continues to languish the index has shed 57 points or 1.6% at 3441 followed by Oil & Gas, Consumer Durables and Power indices.

SBI, Federal Bank, Axis Bank, HDFC Bank, ICICI Bank and Yes Bank are top gainers among the Banking stocks.

The broader markets continue to remain in the red; mid-cap index is at 8409 down 22 points and small-cap index is lower by 35 points at 10,883.