Home / Market Beat / Nifty surges. Moves to 5600. Banks, Metals gain up.

Nifty surges. Moves to 5600. Banks, Metals gain up.

Markets have opened with yet another strong session, which has led the Nifty close to the 5600 mark. The rally has been marked with significant moves from the banking, telecom and metal stocks.

The Nifty, at 9:47 AM, is at 5588, up by 67 pts or +1.2%.

SBI has continued to rally, from its previous gains. The stock has further added 4.2% to trade at 2447. ICICI Bank is another major gainer on the index. The stock has gained 2.5%. PNB is up by 1.5%.

Coal India, has recovered from yesterday’s blues, and is up by 2.2%. Sterlite has further gained by 3.7%. Hindalco has added 1.6%, while Tata steel is also up by 1.5%.

IDFC has gained 4.2%. RCOM is up by 2.8%.

L&T has further added to the gains and is up by 2.7%. So is JPAssociates, which is trading at 87.55, with 2.8% gains. Punj lloyd is up by 2%.

Power major NTPC is up by 1.7%.


 

 

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