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Markets move ahead. Nifty above 5900

Markets have moved ahead, following a support from other markets worldwide. Nifty has crossed the crucial 5900 mark.

The BSE Sensex moved up by 80 points to stand at 19,428 while the Nifty was up by 20 points at 5910.

Metals have all seen some buying interest. Sesagoa has moved up by 3.4%. Tata Steel has gained over 2%. Hindalco is up by 2%.

Tata motors has continued the rally and is trading at 277, up by over 2%.

PNB, from the banking space is also up by 1.4%.

IT stocks have been among the major laggards. Infy is down by 2%, while Wipro has seen a decline of 1.8%. HCL Tech is down by 1.7%.

Tata Power and Bharti Airtel have also seen some declines.



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