Markets off day's high

The Midcap and Smallcap indices have outperformed the Sensex and are up 0.31% and 0.63% each at 6,739 and 8,410, respectively.

The markets have come off the day's high. The Sensex opened at 17,473, touched a low of 17,378 but soon jumped into green and touched a high of 17,537. The index is now up 34 points, up 0.08% at 17,499.

The NSE Nifty is up 10 points at 5,211.

Mahindra & Mahindra has gained 2.6% at RS 1,109. Tata Motors and Tata Power have added 1.5% each to Rs 804 and Rs 1,398, respectively.

Sun Pharma has advanced 1.2% to Rs 1,525. HDFC, SBI and Wipro are also up 1% each.

Reliance has shed 2.5% at Rs 1,063 amid a block deal of 2.5 crore shares. Jaiprakash Associates has slipped over 1% to Rs 145.

JSW Energy today listed at Rs 102. The stock touched a high of Rs 106, and is now trading at Rs 103. Around 7.26 million shares have changed hands at the counter on the BSE.

The market breadth is fairly positive - out of 2,077 stocks traded so far, 1,407 have advanced, 626 declined and 44 are unchanged.