Wednesday, November 4, 2009

Nifty bounces back above 4600; RIL, Bharti, ICICI Bank lead

The Sensex bounced back after six days of losses on the back of positive Asian cues. Buying was seen in high beta stocks. Telecom, realty, banking, select metal and technology stocks were the gainers in the early trade. The Nifty clawed back above the 4,600 mark.

At 9:56 am, the Sensex rose 169 points to 15,574 and the Nifty went up 51 points ot 4,614. The CNX Midcap gained 105 points at 6,490. The market breadth was positive; about 666 shares advanced while 148 shares declined on the NSE.

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