Markets trade in green

MUMBAI: The markets were trading in green on Monday in early trade. At 10.30 am, the Bombay Stock Exchange benchmark Sensex rose 2 points, to 14,767. similarly, the wide-based National Stock Exchange index Nifty down 3 points at 4371. However, the markets opened with higher gains. Among the frontliners, Unitech, BPCL, HDFC Bank, Power Grid, Hindalco, Sterlite, Reliance Capital, GAIL, Ambuja Cements, HCL Tech and Tata Steel were witnessing buying interest. However, Suzlon, Tata Motors, Sun Pharma, ICICI Bank and ACC lost ground.


The CNX Midcap went up 25 points, to 5,536. About 430 shares advanced while 109 shares declined on the NSE. Unitech was up over 3%, as the company raised $ 575 million from second QIP. Tata Steel has bounced back after seeing selling pressure on Friday. Suzlon Energy tanked over 6% and Tata Motors slipped over 3.5% post disappointing numbers. Sun Pharma was down 3% as the company withdrew FY10 guidance. Rishabhdev Technocables listed on the BSE On Monday, went up 20% to Rs 40 a share as against its issue price of Rs 33 a share.