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Nifty breaches 8050, Sensex firm; HUL up, Wipro falls 2%

Equity Tips
The market continues its uptrend in first session after the auspicious Mahurat trading. The Sensex is up 106.15 points at 26957.20 and the Nifty is up 49.80 points at 8064.35. About 498 shares have advanced, 116 shares declined, and 27 shares are unchanged.

Dr Reddy's Labs, TCS, BHEL and HUL are top gainers in the Sensex. Among the losers are Wipro, GAIL, Cipla and Sun Pharma.

The Indian rupee opened higher by 11 paise at 61.17 per dollar versus 61.28 Wednesday. The euro held firm in early trade after the European Central Bank's stress tests found smaller capital shortfalls among European Banks than expected. Traders will be looking to Germany's IFO business sentiment index due later today.

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  1. GOLD-Buy is advised above 27403.4 with a stop at 27035.5 Below 26949.3
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