Markets have surged in morning trades on buying in specific sectors and a positive Asian market.
The Sensex is up 178 points at 19,596. Nifty is up 53 points at 5,881.
CNX IT index has gained 1.3% at 6,535. The Nifty Junior is up 1% at 12,514.
Asian markets have gained. The Hang Seng has added 1% to 21,906. Nikkei is up 1% at 9,619 on a weakening Yen. Taiwan Weighted has also jumped 1% in morning trades.
Hindalco is the big gainer among Nifty stocks, jumping over 2.3% to Rs 186. Communication stocks have gained. Reliance Communications and Bharti Airtel are up 2.2% each at Rs 162 and Rs 355, respectively.
Cements stock- Ambuja Cements and steel stocks - Jindal Steel, Tata Steel have jumped around 2% each.
ABB, TCS, Gail and Unitech are some of the other big gainers.
However, HDFC has bucked the trend and is down nearly 1% at Rs 686.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
