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Market surges on sustained buying
The Anil Dhirubhai Ambani Group (ADAG) stocks were the star performers today, with Reliance Infrastructure gaining 11%, Reliance Communications gaining 7.34% and Reliance Power gaining 8%.
Other stocks that gained today were infrastructure and capital goods stocks like Jaiprakash Associates and Bharat Heavy Electricals Ltd.
Among the losers today were Cairn India, Wipro, TCS and BPCL. Kingfisher Airlines was up 2.74% on increased optimism that a deal with foreign airlines will be forthcoming and improve the company's liquidity situation.
Cues from the overseas markets were also encouraging and a dip in crude prices also helped improve sentiments.
GoodReturns.in
Story first published: Tuesday, February 28, 2012, 15:44 [IST]
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