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Saturday, September 08, 2012

Markets maintain gains on all round buying


The Indian markets remain in green amid rangebound session with a positive bias. All round buying led the market to trade higher. The NSE Nifty has touched the 5350 level. Individual stocks like Cipla gained as the company won patent case against Roche, which filed suit against the company on drug Tarceva in 2008. ITI surged as the government said the Department of Telecommunications has prepared a plan worth Rs4,156 crore for revival of the company. All the sectors are trading in green, barring BSE Power with marginal losses. At 12.40 pm, the Sensex was trading at 17762.83, 79 points higher and the Nifty was trading at 5363.40, up by 21 points.