Sensex trades firm; SBI, Tata Steel, Bharti most active

At 12:38 hours IST - the 30-share BSE Sensex continued to trade higher with 100 points gains led by upmove in telecom, capital goods, auto, technology, metal, oil & gas exploration and FMCG sectors.

However, ICICI Bank, Axis Bank, Suzlon, ACC, Kotak Mahindra Bank, Unitech, BPCL, HCL Tech and Power Grid were the only losers.

The Sensex was trading at 16749, up 91 points and the Nifty was at 5027, up 27 points

In the largecap space, Hero Honda was the top gainer with close to 3% gain. Idea Cellular, Bharti Airtel, Reliance Infra and SBI were up 2-2.9%. On the losing side, Suzlon Energy, ACC, Axis Bank, Unitech and ICICI Bank were down 0.7-1.6%.

SBI, Tata Steel, Sesa Goa, Bharti Airtel, DLF, ICICI Bank and Tata Motors were the most active shares on bourses.

Top gainers on the BSE Midcap: Pantaloon Retail, Bombay Rayon, Pipavav Shipyard, Kwality Dairy and Dish TV India were up 4-5%.

Top losers on the BSE Midcap: Shree Global Tr, Bajaj Holdings, Anant Raj Indusitries, Simplex Infra and Atlas Copco were down 2-4%.

Top gainers on the BSE Smallcap: MSP Steel, Shristi Infra, Tata Metaliks, Bata India and Gallantt Metal were up 9-20%.

Top losers on the BSE Smallcap: Fem Care Pharma, Sahara One, Kanani Industries, Intra Infotech and C and C Const were down 3.5-6%.

On the global front, European markets were marginally negative in opening trade while Asian markets were mixed in trade.

Source http://www.moneycontrol.com/news/local-markets/sensex-trades-firm-sbi-tata-steel-bharti-most-active_463370.html