Jindal Steel is the top gainer among the Sensex stocks. The stock has advanced nearly 2% to Rs 409. Mahindra & Mahindra, Tata Steel, Dr Reddy’s Labs, BHEL and Larsen & Toubro have also opened higher. While, HDFC Bank, NTPC, Sun Pharma, ITC, HDFC, ONGC, Bharti Airtel and Tata Power have opened on a weak note.
Most of the sectoral indices have opened higher. The BSE capital goods index is the top sectoral gainer, up 1% or 112 points at 11,193. Auto, metal, realty, IT, healthcare, power and oil & gas indices are also up 0.4-0.9% each. On the other hand, consumer durables and FMCG indices have opened weaker by 0.1% each.
Among the individual stocks, MahasiS has rallied 5% to Rs 409 after information technology consulting and software firm said that it has signed a definitive agreement to acquire U.S.-based Digital Risk LCC, a mortgage management specialist, for $175 million.