The Sensex resumed uptrend after a day of consolidation and was trading around 17,250 level. Telecom, realty, oil & gas exploration, metals and select technology stocks were seeing buying interest.At 9:56 am, the Nifty was up 20 points at 5,143 and the Sensex gained 76 points at 17,246. The CNX Midcap rose 47 points to 7,354. About 600 shares advanced while 120 shares declined on the NSE.
Among the frontliners, Unitech, Reliance Power, Bharti Airtel, Sterlite Industries, Idea Cellular, Hindalco, Reliance Communications, SAIL, Wipro and HCL Tech were witnessing buying interest.However, Tata Motors, Ambuja Cements, TCS and Infosys were losers in early trade.
Midcap space:ABG Shipyard and Bharati Shipyard were up 3% each. Great Offshore was flat.
Edelweiss Capital was down 0.5%, as it bought 20 lakh shares of Great Offshore at average Rs 577.90/share. Edelweiss' MTM loss stood at Rs 13.50 crore.
Rama Newsprint was up 10%. Tata Elxsi jumped another 9%.
Mahindra Satyam up 5% post upgradation from brokerages and they are not worried about their clients.
However, Mastek fell 1.5%
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