The market is well on course for another buoyant close with investors continuing to throng front line counters, amid hopes the economy will slowly get back on track and the rupee will continue to find its way up from dismal lows.
Capital goods and bank stocks are among the most impressive gainers. Several stocks from PSU, oil and power sections have also posted strong gains. Healthcare and metal stocks are off their highs, but are reasonably steady.
Automobile and FMCG stocks are trading mixed, while IT and realty stocks are a bit subdued, despite trading off their lows.
ICICI Bank is up more than 7% at Rs 957. ONGC has notched up a gain of almost 7%. Bharti Airtel has gained 6.2%. Larsen & Toubro and BHEL, the capital goods sector heavyweights, are up 4.2% and 3.5%, respectively.
Bank of Baroda, Tata Power, Hindustan Unilever, Lupin, Coal India, Cairn India and Hero Motocorp are down 1% - 4%. Tata Motors, Mahindra & Mahindra, Hindalco, NMDC and State Bank of India are also trading weak, albeit with less pronounced losses.