Feb 27, 2013, 01.03 PM | Source: Moneycontrol.com
At 12.55 PM, the Sensex was up 132.97 points or 0.70% at 19148.11, and the Nifty was up 34.80 points or 0.60% at 5796.15.
The market has seen a good amount of rebound in a short span. Experts say it is due to short covering and that investors are not emphatic about the Economic Survey . Nitin Jain of Edelweiss Securities say Union Budget may be a gamechanger. He advises to enter stocks that have fallen 30-35 percent.
There have been fresh talks that Jet Airways is trying to once agin woo Etihad after the deal between them remained inconclusive. The stock moved up 11 percent to touch an intraday high of Rs 498.70. It was trading with volumes of 1,117,869 shares