It's certainly not experts in cheering up the time. Sudarshan Sukhani of s2analytics.com is bullish on the market. Given that the new settlement period (the first day of Januray series), Sukhani advised traders to enter the market is only half of the afternoon, when the wave comes down a bit.
Shares of the nation's largest private sector lender ICICI Bank bounced back after three days in the last recession, rising to 1.4%. Index heavyweight Reliance Industries became too easy to benefit from the positive.
Role models such as HDFC, TCS, Tata Motors and SBI rose over 0.9 to 1.6%. Among other things, Infosys, ITC, Bharti, M & M, HDFC Bank, ONGC, Hero Motocorp, Tata Steel and Wipro have 0.3 to 0.6%.
However, shares of L & T, NTPC and HUL negative, dropping 0.4%. Bajaj Auto sales topped the list, losing 1%.
At 9:19 hours IST: Sensex rebounds, ICICI Bank, Bharti, SBI lead
Sensex rebounded after a decline in the last three sessions, open 50 point gap up at the last meeting of the 2011th This was contributed to the positive global cues mail bullish U.S. housing and employment data. Major Asian markets like Shanghai, Nikkei and Hang Seng was up 0.4 to 0.8%.
Sensex was up 50 points at 15,594.16 and the Nifty was 16 points to 4,662.10.
Shares of ICICI Bank, L & T, SBI, Infosys, Reliance, ONGC, Maruti Suzuki, Ranbaxy, Tata Motors, JP Associates, BHEL and Bharti Airtel were the leading markets.
However, HDFC, Kotak Mahindra Bank, Jindal Steel and Sun Pharma were down.
CNX Midcap rose 29 points, the 6107th The market breadth was positive, advanced about two shares for each share of the fall of the National Stock Exchange.
The second line shares rose 4% after the GTL board members in corporate debt restructuring plan. GTL Infra has 2%.
Godrej Properties concentration of 2% of the company sold its 49% stake in the development of scar SUN-Apollo project in Gurgaon.
Firstsource, PFC, Hotel Leela, Jyothy Labs, GVK Power, IVRCL, Yes Bank, Shree Renuka, Bajaj Hindusthan, Balrampur Chini and receive 1-4% of REC.
Jaypee Infra, GMR Infra and IFCI slipped to 1-2%.
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