The markets have resumed their recent rally, after taking a breather on the previous trading day. The Sensex is quoting at 17068, higher by 96 points and the Nifty is at 5110, up 30 ponts. The mid-cap and small-cap indices are also up by nearly a per cent each.
Global cues have been favourable. The US markets had ended in the green, with the Dow adding 47 points and Nasdaq closing higher by 11 points. The Asian markets are also firm, with the Hang Seng stronger by 175 points and Nikkei adding 209 points in early trades.
Jaiprakash Associates has continued its good recent run and is up another 2% at Rs 147. DLF has strengthened by 1.3% at Rs 308 and HDFC has added 1.1% at Rs 2616. Index heavyweight Reliance Industries has inched up by 0.35% at Rs 1019.
And in the capital goods space, which is is the top sectoral gainer on the BSE,
On the losers side, Wipro and Hindustan Unilever are marginally down at RS 692 and Rs 242 respectively.
The market breadth is positive. Out of 1171 stocks traded on the BSE, there are 972 advancing stocks as against 185 declines.