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Markets recover. Sharp gains in stocks.

Markets have shown recovery, after witnessing continuous falls for consecutive days. Global markets have also shown recovery.

At 10:07 AM, the Nifty is at 5174, up by 101 pts or 2% in the green.

Stocks from the infrastructure, banking, metals and IT sectors – which were beaten down heavily, have seen sharp gains in the trade.

Reliance infra has seen a surge of 3.3%. Punj lloyd is up by 4.8%. LT is up by 2%, while BHEL is up by 1.2%.
SBI has gained 2.7%. ICICI Bank is also up by 2.7%. HDFC Bank is up by close to 3%.

Hindalco has seen a gain of 4%. Tata steel has rose by 1.4%. SAIL i s up by 1%. Sterlite industries is up by 3.3%.

Suzlon energy has rose by 5.3%. Mahindra satyam is up by 9%.



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