Today, the stock market opened on a cheerful note this morning as the bulls, captivating worldwide cues, continued a buying spree in early trade. Reflecting the optimistic beginning, the Sensex that opened its eyes with a positive gap of about 145 points, soared up past the 15,500 mark to 15,535.85 in early trades.
Presently, the Sensex is up with an hefty gains of 208.03 points or 1.36 per cent at 15,516.01. The Nifty that erupted to 4526.10, has recorded a gain of 1.35 per cent or 60.35 points at 4522.45.
Tyre manufacturer CEAT ascended 2.23% to Rs 169.75 on reports that it is ready to transfer its Mumbai plant to Patalganga near Thane to save on duty and costs.
The small-cap security touched an intraday high of Rs 178 and an intraday low of Rs 169.15 during the day. On BSE, there were 74,393 shares for trading on the counter.
Ganesh Shanbhag, SMS Financial Services is of the view that investors should go for ACC to Mysore Cements at existing level.
Shanbhag told, “There has been a turnaround in Mysore Cements. We also know that Heidelberg has picked up a stake in this company also and I am sure going forward, it will show positive results but the equity-turnover ratio here is quite skewed. For this company to really ramp up their turnover and then show a bottomline might take at least two years from hereon.”
Lanco Infratech climbed up 4.6% to Rs 284.10, broadening its
According to technical analyst, Prakash Gaba the capitalists 
Products climbed up 3.24% to Rs 140.20 o
Tyre manufacturer CEAT ascended 2.23% to Rs 169.75 on reports that it is ready to transfer its Mumbai plant to Patalganga near Thane to save on duty and costs. 
SMS Financial Services is of the view that investors should go for ACC to Mysore Cements at existing level.
