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ADAG stocks bounce back. Nifty close to 5600

Markets have seen a bounce back, from yesterday’s cuts – with beaten down stocks seeing significant gains. The Reliance ADAG stocks have all bounced back. Infra, Banking and Real estate stocks have also gained in the trade.

At 10:19 AM, the Nifty stands at 5585, up by 35 pts or 0.63%.

Sun TV, which had crashed over 30% yesterday, has recovered with 8% gains at 296.

Rel Cap, has gained 6% to trade at 542. RCOM is up by 7%. Reliance Infra is up by 5.4%.

L&T, from the infrastructure segment, is up by over 2% – to trade at 1706. JP Associates is up by 1.3%.

DLF has gained 1.4%. Unitech has gained over 2%.

Other stocks on the gainers list include Ambuja cements, RIL , Maruti and Aban Offshore.



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