The 30-share BSE Sensex gained 43 points at 18,489 and the 50-share NSE Nifty rose 14 points, to end at 5,536.
Jaiprakash Asso, Tata Power, Reliance Comm and BHEL, who among the top gainers, were at 3.55 percent, 3.51 percent, 3.32 percent and 3.32 percent up respectively.
IDFC, Sun Pharma, Reliance Infra and Suzlon Energy, who among the top losers, were at 3.55 percent, 3.54 percent, 3.24 percent and 2.52 percent down respectively.
Markets slips; Nifty falls 35 pts, Sensex down 119 pts
Led by profit booking in oil & gas, metal and technology (except TCS) companies' shares, Indian markets suddenly slipped during the afternoon trading. Nifty was hovering around 5500-mark as SBI, ICICI Bank, NTPC and Bharti Airtel too were down.
At 2:27 pm, the 50-share NSE Nifty fell 35 points to 5,488 and the 30-share BSE Sensex was trading at 18,327, down 119 points. However, global markets were trading in green as they already factored in rise in crude oil prices.
Capital goods, auto, HDFC group and cement companies' shares were witnessing buying and TCS, Tata Power, HUL, Ranbaxy Labs and Jaiprakash Associates too were in green.
In largecaps, Tata Power, HDFC, Reliance Communications, BHEL, HDFC Bank, GAIL and Cairn India were up 2-3 percent while Reliance Infrastructure, Bharti Airtel, Infosys, Sterlite Inds, Hindalco, IDFC, Sun Pharma, BPCL and Suzlon Energy tumbled 3-5 percent.
Markets react to Libya uprising; Sensex above 18K
Indian markets have strongly reacted at the news of Libya when Muammar Gaddfi and the president of Arab agreed to peace plan to end the crisis in the North African country.
At 1:01 pm, the 30-share BSE Sensex was trading at 18,488, up 41 points and the 50-share NSE Nifty gained 12 points at 5,534. The broader indices too were marginally in green.
Capital goods, realty, FMCG, cement, auto and HDFC group companies' shares were quite supportive to the markets. TCS was the leader with 3 percent upside.
However, SBI and ICICI Bank too had recovered but could not hold those gains; were down around 1 percent. The sell-off continued in metal, oil & gas and technology (barring TCS) companies' shares, which limited the upside.
Sensex dips by 148 points
The BSE Sensex diped by nearly 148 points in opening trade on Thursday, Mar 3 as investors booked profits recorded during the previous three sessions. However, gains on other Asian markets capped the losses in the domestic market. London Brent crude was trading at USD 116.60 a barrel, up USD 0.25 a barrel.
At 11:15 am, the BSE Sensex was at 18,428.34 down 18.16 points and NSE Nifty was at 5,485.00 down 37.30 points.