Sensex opened on positive note

MUMBAI: The Bombay Stock Exchange benchmark Sensex opened on positive note on Thursday too. In the early trade both the indices were enjoying rise. The Sensex was trading at 14,236 at 10.24 hours IST. It shows a rise of 127 points. While the Nifty rose 26 points to 4,302 at the same time.

Buying was seen in telecom (barring Idea and Tata Communication), power, technology, realty along with stocks like Reliance Industries, HDFC and ACC Bharti Airtel and L&T surged over 3.5%. However, ONGC, BHEL, SBI, Sterlite, Reliance Infrastructure, BPCL and Maruti were under pressure. The broader indices like the BSE Midcap and the Smallcap indices gained 0.8-1%. About 2038 shares advanced while 749 shares declined.

Nearly 342 shares were unchanged. Among the midcap stocks, Matrix Lab, Sunteck Realty, Essar Shipping, GE Shipping and Godrej Consumer were up 6-9%. However, Era Infra Engg, TV18, Deccan Chronicle, Pidilite Industries and Shree Cements fell 3.8-4.5%. In the smallcap space, Novartis India, Hatsun Agro, Garden Silk Mills, Sahara One and Balmer Invest went up 8-14% while Anus Labs, TV Today Network, Temptation Food, Accel Frontline and Walchandnagar lost 4.6-9%.