Markets open firm; Greece deal complete

Commentary

oi-Sneha

By Sneha B K

Published: Tuesday, February 21, 2012, 9:40 [IST]

Markets continued to gain ground, on reports that the second bailout package for Greece has been resolved. The NSE Nifty gained 22.25 points at 5586.55 with the BSE gaining 74.51 points at 18366.86 at 9.30 am IST.

Among the gainers on NSE were BHEL, State Bank and Tata Steel. Reliance continued to remain a drag on the sensex losing 0.29% in early trade.

While on the losing side, the sectors failed to lure investors were on NSE were BPCL, TCS, HCL TECH and Wipro.

Among sectoral indices on BSE, most of the sectors were trading in positive terrain except Consumer Durables, IT, Teck.

Asian markets were seen trading in red amid Greece bailout, the Nikkei 225 down by 28 points and was at 9,457.46. The Hang Seng was down by 102.28 points and was at 21,320.90. Shanghai was marginally low by 8.86 points and was trading at 2,354.19.

GoodReturns.in