Nifty holds 8800, Midcap gains too; HDFC, RIL, ONGC lead

The market continued to see buying interest with the Nifty holding 8800-mark supported by banking & financials, oil & gas and metals stocks.



The 30-share BSE Sensex rose 167.87 points to 29172.53 and the 50-share NSE Nifty climbed 51.10 points to 8813.20. The BSE Midcap and Smallcap indices gained half a percent too.



Shares of HDFC, Reliance Industries, ONGC, Mahindra & Mahindra and Sesa Sterlite topped the buying list, up 1.5-2 percent. Infosys, ICICI Bank and Tata Motors gained 1 percent each. However, ITC, L&T, Sun Pharma, HUL and Hero Motocorp saw marginal loss.



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Posted in: Indian Market Tips