Blue chips lift Sensex past 10,300 mark

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Par 100 posts (V.I.P)
With most of the frontline stocks trading firm on sustained buying support, the market remains well entrenched in the positive territory at present. Bharti Airtel, HDFC Bank, Tata Motors and Ranbaxy Laboratories have gained 3% - 3.8% over their previous closing levels.
HDFC is up by nearly 2% at Rs 1082. ONGC, Hero Honda, Larsen & Toubro, Maruti Udyog, Gujarat Ambuja Cements, Tata Steel, Reliance Industries, BHEL, Grasim Industries, Infosys Technologies, Wipro, ICICI Bank, Reliance Energy, Hindustan Lever and ACC are all up in the positive territory with sharp gains. Satyam Computers has firmed up smartly to Rs 690, recording a smart gain.
Mirroring the sharp gains posted by these stocks, the Sensex has now breezed past the 10,300 mark. At 10,322.82, the barometer has gained as much as 194.12 points or 11.9% over its previous closing mark. The Nifty is up by 2.23% or 66.55 points at 3047.65.
A number of stocks from oil, metal, IT, healthcare, auto, banking and capital goods sectors have recorded impressive gains this afternoon. There are smart gains for select FMCG, PSU and consumer durables stocks as well.
Suzlon Energy, the recent entrant into the Nifty, is the top gainer in the index. At Rs 965, the power major has gained as much as 10.85% now. Dabur India, Oriental Bank of Commerce, GlaxoSmithKline, GAIL India, Mahindra & Mahindra, HCL Technologies, Sun Pharmaceuticals, Siemens, Nalco, Tata Tea, BPCL, Punjab National Bank and Jet Airways have posted impressive gains.
Hectic buying is seen on several counters in the mid and smallcap space. Reflecting the buoyant mood, the Midcap index has spurted 1.44% now. The Smallcap index has recorded a rise of 1.17%. The market breadth remains positive with advances outpacing declines by nearly 7 to 4 on BSE.
 
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