Sensex strong in opening trades

The Sensex started the day on a very strong note mirroring international cues and on expectation of a good earning season. The Sensex is now at 17,660, up 120 points. The NSE Nifty is 33 points higher at 5,278.

DLF has advanced 4% to Rs 390. Grasim Industries has added 3% at Rs 2,754. Sun Pharma and Jaiprakash Associates are up 2% each at Rs 1,574 and Rs 161, respectively.

NTPC, BHEL and Larsen & Toubro are some of the other prominent gainers, up 0.5% each.

Infosys is the major loser on the Sensex, down 2.5% at Rs 2,464 and TCS has shed 2% at Rs 700.

 

HDFC, Reliance Communications and Maruti have declined 1.5% each to Rs 2,600, Rs 181 and Rs 1,433, respectively.