The benchmark Nifty started the day on a flat note with a positive bias following US cues, which went up 0.5-1% ahead of jobless data today. The Index has been facing resistance at 5500 level.
Among the frontliners, Unitech, Hero Honda, Infosys, Sterlite Industries, TCS, Tata Motors, Bharti Airtel, SAIL, ONGC, Tata Steel, M&M and Cipla were witnessing buying interest.
At 9:01 hours IST, the Sensex was trading at 18291, up 53 points and the Nifty was at 5495, up 10 points. The CNX Midcap rose 0.43% at 8899; about 928 shares advanced while 213 shares declined on NSE.
However, Suzlon Energy (down 5.5% on huge volumes), HDFC Bank, ITC, DLF, HCL Tech and GAIL were losers in early trade.
Midcap & Smallcap space:
Ashok Leyland rallied 2% as August total bus & truck sales stood at 7,480 units as against 4,784 units in August 2009.
Lupin was up 1.5% as the company has received USFDA permission to seek nod for Lipitor Generic.
Ceat was up 1% and CESC up 2%.
Rana Sugars, Dwarikesh Suguar, Simbhaoli Sugars and KCP were up 3-5%.
Subros rose 6.5%.
Reliance Broadcast rose another 3.5% at Rs 120. Mahindra Satyam went up 2% and Chambal Fertiliser up 1.3%.
Nelco surged 6.5%, Venkys was up 4.6% and Birla Ericssion rallied 13%. Mercator Lines was up 1.7% and HMT up 1.4%.
