Markets open firm; global cues support

Many analysts believe at the current value, the stock of Kingfisher Airlines may be a “vulture's” pick.
The shares of Modi Rubber spurted 20% on reports that the company will sell its 20.01% stake in MAN Diesel and Turbo India for Rs 36 crores.
Among the other shares that gained ground today were Jaiprakash Associates, Sterlite Industries, Sesa Goa and IDFC.
Shares that lost ground in early trading included Hero Motor Corp and Bharti Airtel.
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