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Markets trade in green. Nifty bounces back.

Market has started with bullish trend for this week. Nifty gains 82 points and Sensex gains 274 points on the first trading session.

Power stocks JPPower and JSW Energy have gained more than 6%. PSU banks Oriental bank, Allahabad bank and Canara bank have gained more than 5%. Banking giant SBI and Infrastructure King L&T have gained more than 2%.

Indices of capital goods, Infrastructure and Power have risen more than 2%. CNX PSU Bank has gained more than 3% as all the stocks in the index are in green.

IDFC is the most gained stock in Nifty index with 4% gain.

United Spirits has lost 3.5%. Others stocks in red include Bharathi infratel (3%) and Sobha developers (2%).

HDIL(Housing Development & Infrastructure Ltd) has risen after citi group buys 4 millions shares on Friday.


 

 

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