Sensex gains 228 pts, at 10,308 in noon trade

Mumbai, June 22: Taking its cue from the global markets, the Bombay Stock Exchange (BSE) Sensitive Index (Sensex) has gained 228 points to trade at 10,308.26 in the intra-noon trade.

All the global markets, led by Nikkei, are trading in green. Nikkei has grown by four per cent in the intra-day trade today.

Similarly, Nasdaq and Dow Jones, in the overnight trade, closed up in the green, boosted by the stocks of large companies.

All the scrips on the BSE-30 index are trading in the green, led by HDFC, which is up 6.7 per cent, followed by Hindalco, ICICI, TISCO, Tata Motors, L&T and Cipla, all up between 2.5 to 6.0 per cent.

Only one scrip - Dr Reddy's Lab is down by 5.08 per cent.

Experts feel, the strong rally in the midcap sector is likely to stay for some days and will provide stability to the markets.

UNI

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