It's the fourth consecutive session
in the green for the market as the Nifty is around 8000 ahead of Diwali.The
Sensex is up 178.01 points at 26753.66 and the Nifty is up 54.90 points at
7982.65. About 1478 shares have advanced, 643 shares declined, and 90 shares
are unchanged.
Hero, Tata Motors, Bajaj Auto, BHEL
and Cipla are top gainers while ONGC, Coal India, Tata Power, SBI and ITC are
laggards.
In result reactions Cairn is higher
despite Q2 numbers missing estimates. Barclays says it was an in line quarter
retaining their overweight stance but prefers ONGC, BPCL and Reliance.
Globally Asia gains on reports of
bond purchases by the European central bank. Nikkei also reacts to September
trade deficit data that indicated exports hit a 7-month high. The rupee
maintains its rising trend for the fourth straight day. More information please
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