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Markets firm. Auto & Power move up

Markets started the day in the green with the Sensex up 80 points at 17,680 and the Nifty edged up 23 points at 5,361 .

The broader markets too opened in line with the benchmark indices, gaining nearly 0.4% each.

Among the sectoral indices, Auto, Realty, PSU and Power indices gained 1% each in the opening trades. IT, FMCG, Bankex and Metal indices up 0.5-0.6% were the other notable gainers. Teck index flat with a negative bias was the only index in the red.

Bharti Airtel down 4%, HDFC and Tata Steel losing 1% and 0.3% were the only losers among the Sensex stocks.

Auto majors like Mahindra & Mahindra, Tata Motors and Bajaj Auto gained between 1-4% were the top gainers followed by NTPC, Coal India, Gail India, BHEL, ICICI Bank, Tata Power and TCS all adding 1% each.

Among other stocks, Cairn India dipped 4% to Rs 313 .


 

 

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