To some extent, markets have gained pace in the late trades following a tough beginning to the equity markets all over Europe. The FTSE index in UK was up to 2% and the CAC index was up to 1.5%.
Punj Lloyd’s shares have achieved by 0.5% to Rs114 after reports presented that the company along with US-based Thorium Power would devote up to US$1bn in the undertaking.
The stock has reached an intra-day high of Rs115 and a low of Rs111 and has witnessed volumes of over 29,00,000 shares on Nifty.
Reliance Power has begun discussions with GE and BHEL for supply of turbines, boilers and generators for the Dadri project.
Among the 30-components of the Sensex 16 stocks are in the optimistic terrain and 14 stocks are on the lower side. HDFC Bank, ITC, Reliance Industries, SBI and Bharti were among the major profiteers. On the contrary, ICICI Bank, Infosys and NTPC were among the chief slackers.

Reportedly, Unitech made an announcement that it has postponed Rs.10bn debt and it has no chief debt repayments due to Mutual Funds till March end, reportedly.
Unitech’s shares have moved up by over 5% to Rs31.2 after striking an intra-day high of Rs31.9 and a low of Rs26 and has witnessed volumes of over 13,00,00,000 shares on Nifty.
Jindal Steel’s shares have slightly gained by a percent to Rs.858 after reports stated that the company would devote US$150mn in four oil blocks in Georgia. The stock has reached an intra-day high of Rs.878 and a low of Rs.843 and has witnessed volumes of over 3,00,000 shares on Nifty.
Tata Metaliks’ shares have gone up by 2% after reports presented that the company got Centre’s consent for a likely license of iron ore mines in Maharashtra. The stock has reached an intra-day high of Rs.77 and a low of Rs.72 and has witnessed volumes of over 3,000 shares on Nifty.