Firnmess continued in Indian Markets in early afternoon trade. The market sentiment was boosted by a
drop in crude oil prices after the US and five other world powers agreed with Iran to ease part of an
economic stranglehold in exchange for steps aimed at capping Iran's nuclear program and ensuring the
country's Islamist government doesn't rush to develop atomic weapons.
Auto stocks gained across the board.
Ambuja Cements and ACC, both, gained after Ambuja Cements received shareholders' approval at an
extraordinary general meeting (EGM) held on Saturday, 23 November 2013, to buy a 24% stake in
Holcim (India) from Holderind International for Rs 3500 crore, and for the subsequent amalgamation of
Holcim (India) with it. Shares of offshore oil services providers rallied.
The market breadth, indicating the overall health of the market, was positive.
Top Gainers on Nifty are BPCL, ICICI BANK
Top Losers on Nifty are Infosys, Bharti Airtel
At present SENSEX trading at 20458.76 up by 241.37 and NIFTY trading at 6067.05 up by 71.60.
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