Market opens green at 10,383; Nifty at 3,164
Mumbai, Oct 21: The market has continued to gain and has opened higher following positive global cues. Buying is seen in realty, metal, power, capital goods, banking and technology stocks. Midcap and small cap stocks are also following the same trend. At 9.57 am, the Sensex went up 160 points to 10,383 and the Nifty gained 41 points to 3,164. CNX Midcap 100 rose 50 points to 3,913.
Among the frontliners, ACC, BHEL, TCS, Wipro, Satyam, Sterlite Industries, Reliance Communication, HDFC Bank, DLF, Zee Entertainment and L&T have gained. However, Ambuja Cements, BPCL and Sun Pharma have lost ground.
Idea Cellular plunged 14% after disappointing second quarter numbers.
Asian markets are trading off day's high. Nikkei and Jakarta gained over 2%. Straits Times rose 1.5%. Shanghai and Hang Seng jumped half a percent each. However, Kospi and Taiwan fell half a percent each.
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