(4.3%)



Top Losers:



ONGC (1.0%), HDFC (0.6%), DR. REDDYS LAB (0.4%), HUL (0.2%)



Market @ 11:15



Sensex: 23523.54, up 521 points; Nifty50: 7145.50, up 158 points



Top Gainers:



ITC (8.1%), ICICI BANK (5.6%), HERO MOTOCORP (5.0%), MARUTI SUZUKI (4.8%), GAIL (3.8%)



Top Losers:



ONGC (1.4%), HDFC (0.7%), HUL (0.5%), TATA STEEL (0.3%), DR. REDDYS LAB (0.3%)



Market @ 9:20



The 30-share index was trading at 23,290, up 268 points or 1.17 per cent. It touched a high of 23,303.66 and a low of 23,133.18 in morning trade.



The Nifty50 was trading at 7072 up 78 points or 1.12 per cent. It touched a high of 7,077.90 and a low of 7,035.10 in the first 30 minutes of trade.Nifty50 was trading at 7072 up 78 points or 1.12 per cent. It touched a high of 7,077.90 and a low of 7,035.10 in the first 30 minutes of trade.



The S&P BSE Midcap Index was up 0.67 per cent and BSE S&P Smallcap Index was trading 0.64 per cent higher.



ITC (up 5.5 per cent), ICICI Bank (up 3.6 per cent), Axis Bank (up 2.3 per cent), Infosys (up 2.1 per cent), and Wipro (up 1.6 per cent), were the major Sensex gainers.



ONGC (down 1.9 per cent), ONGC (down 1.6 per cent), Dr Reddy’s (down 0.64 per cent), and HUL (down 0.58 per cent) were the major Sensex gainers.

Rohit Gadia, Founder & CEO, CapitalVia Global Research, said the Nifty50 would remain in a range of 6,800 to 7,200, adding that investors can add select mid-cap stocks from sectors like fertilisers, construction, education which may benefit from the Budget allocations to respective sectors.Investors will keep an eye on domestic outflows, which have been a cause of concern amid diminishing flows from domestic institutions. Provisional data available on the BSE showed the FIIs pulled Rs 2,018crore from equities on Monday. DIIs, on the other hand, were net buyers to the tune of Rs 1,445.25 crore."We believe once global risk aversion subsides, substantial FII allocations will come India’s way both in equities and fixed-income. The current scepticism in allocating capital to Indian equities due to a delay in revival of earnings cycle and sharp correction in valuations presents an apt opportunity for investors to buy with a medium-term perspective," said Ajay Bodke, CEO & Chief Portfolio Manager for PMS at Prabhudas Lilladher."We would advocate building a portfolio with a judicious mix of consumption-led demand like automobiles and FMCG , investment-led demand like capital goods & construction and interest rate sensitive sectors like BFSI. Some allocations towards fundamentally-strong export driven names in pharmaceuticals and technology sectors would round up the portfolio," Bodke.Most Asian markets were trading mixed on Tuesday morning. Japan’s benchmark Nikkei was trading 0.70 per cent lower at 15,916. China's CIS300 rose 0.69 per cent to 2,897. Other Asian indices, including Hong Kong’s Hang Seng (up 0.6 per cent), South Korea’s Kospi (down 0.1 per cent) and Taiwan’s TWSE (up 0.48 per cent), were trading higher. Wall Street ended lower on Monday, with the Dow Jones index falling 0.74 per cent to settle at 16,516. Data released overnight showed pending home sales in US fell 2.5 per cent in January. Crude oil rose, but failed to lift the sentiment.On Friday, US GDP for fourth quarter was revised to 1 per cent annual rate, instead of the previously reported 0.7 per cent growth. Economists polled by Reuters had expected that fourth-quarter GDP growth would be revised down to a 0.4 per cent pace.Sensex: 23573.84, up 571 points; Nifty50: 7166.30, up 180 pointsTop Gainers:ITC (8.5%), HERO MOTOCORP (6.5%), ICICI BANK (6.3%), MARUTI SUZUKI (5.2%), GAIL