Markets near day's high

Markets trading at day’s high led by gains in IT and Capital Goods sector

The Nifty is trading up 17 points at 5,457 level and the Sensex is up 73 points at 18,190 level

IT index continues to shine in trade led by gains in TCS, Infosys & Wipro all up over 2 %

Also Capital Good index leads the sectoral pack up 0.6% led by gains in Thermax up 4% at Rs 772, Havells India up 3.2% at Rs 707.9 and BHEL up 2% at Rs 2505

Oil & Gas continues to be the laggard in trade down 0.8% dragged down by Reliance which is down 11 points at Rs 1016

Broader markets remain subdued, the midcap index is down 0.1% and the small cap index is up 0.46%

Amongst the midcap space Punj Lloyd is the top loser down 5.6% although it recovered from the low of 8%, the stock is currently trading at Rs 121. Punj Lloyd reported a loss of Rs 19 cr in Q1 compared to profit of Rs 69 cr in the same quarter last year.

Amongst the midcap space other losers are REI Agro down 5% at Rs 22, Jubilant foods and Standard Chartered  Bank are down almost 4%

Smallcap companies Garden Silk down over 8%, Welspun India and AP Paper are down over 5%

Market breadth is positive with 1494 stocks advancing for 1436 stocks declining