10:30 am Market check: The Sensex is up 214.10 points or
0.7 percent at 29309.03, and the Nifty is up 58.75 points or 0.7 percent at
8864.25. About 1290 shares have advanced, 877 shares declined, and 174 shares
are unchanged.
HUL is up 3 percent, Tata Motors, Bharti Airtel, M&M and Tata Steel are
up around 2 percent each.
Don't miss: Asset
quality stable; will grow ahead of industry, says HDFC Bank
The market continues to remain firm. The Sensex is up 165.44 points at 29260.37
and the Nifty is up 42.95 points at 8848.45. About 1144 shares have advanced,
739 shares declined, and 158 shares are unchanged.
Tata Motors, Bharti Airtel, Sesa Sterlite, HUL and Coal India are top
gainers in the Senssex. Among the losers are Sun Pharma, BHEL, L&T, NTPC
and Infosys.
Oil prices were mixed with traders optimistic over falling US production,
although they remain on edge as analysts warn of continued volatility. WTI
jumped USD 1.57 and Brent crude gained USD 2.24 on Friday after data showed
another drop in the number of oil rigs in operation in the United States.
Japan's Nikkei share average rose to a near eight-year high, helped by Wall
Street's gains, while investors digested weaker-than-expected domestic growth
data.
The Nikkei rose 0.8 percent to 18,031.84 points at midday, after reaching as
high as 18,074.26 earlier, the highest level since July 2007. Japan's economy
rebounded from recession in the final quarter of last year but growth was
weaker than expected as household and corporate spending disappointed,
underlining the challenge premier Shinzo Abe faces in shaking off decades of
stagnation. More information please visit this site www.bigprofitbuzz.com
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