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Sensex steady; Tata Steel surges 5%

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BS Reporter Mumbai

The Sensex is now up 155 points at 9,620. Earlier in the day the index opened 75 points higher on the back of positive global cues and firmed up to a high of 9,655 on hopes of some positive annoucement from today's interim Railway Budget.

Tata Steel has surged 4.6% to Rs 194. Mahindra & Mahindra and BHEL have rallied 4.3% each to Rs 313 and Rs 1,472, respectively.

Reliance Infrastructure and ACC have moved up nearly 4% each to Rs 571 and Rs 571, respectively.

Larsen & Toubro and Jaiprakash Associates have gained 3.3% each at Rs 705 and Rs 75, respectively. Grasim has added 3% to Rs 1,390.

 

Reliance, Maruti and SBI are up 2.7% each at Rs 1,388, Rs 630 and Rs 1,190, respectively.

ICICI Bank and Reliance Communications are up 2.5% each at Rs 432 and Rs 177, respectively.

Sun Pharma, however, has slipped over 1% to Rs 1,093.

The market breadth is significantly positive - out of 2,191 stocks traded so far, 1,424 have advanced, 671 have declined and 96 are unchanged.

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First Published: Feb 13 2009 | 12:28 PM IST

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