LD STOCKS 2LST

Analysts said India's outlook upgrade by rating agency
Standard & Poor's would help reduce corporate borrowing cost
and in turn support equities.

"The rating by S&P gave a positive boost to the market.
Although market is failing to hold on to the gains at higher
levels, it will continue to move up till the first half of
April," Agarwal said.
Foreign funds have been net buyers to the tune of nearly
USD 3 billion in the Indian market so far this month, although
most of the funds have been routed through the primary market
which saw the big ticket divestment of state-run NMDC.
"FIIs will continue to put in money in the Indian shares.
But the flow will somewhat be lessened till the end of March
as it is the corporate year ending. This will also limit the
gains in the market," said an analyst at a broking house.
Consumer goods and oil & gas shares lead the gains in the
market, whereas realty and IT stocks faced selling pressure.
Among the bluechip stocks, Reliance Communications rose
1.98 cent, Hero Honda climbed 1.76 per cent, SBI jumped 1.42
per cent and HUL rose 1.40 per cent.
In Asia, China's Shanghai index rose 0.71 per cent, while
Japan's Nikkei gained 0.75 per cent. In Europe, Britain's FTSE
was trading 0.81 per cent higher in morning trade.
Among major losers, HDFC fell by 1.55 per cent, DLF by
1.36 per cent, Mahindra & Mahindra by 1.27 per cent and TCS by
0.82 per cent. PTI SKR
RDM


The information contained in this electronic message and any attachments to this
message are intended for the exclusive
use of the addressee(s) and may contain proprietary, confidential or privileged
information. If you are not the intended
recipient, you should not disseminate, distribute or copy this e-mail. Please
notify the sender immediately and destroy
all copies of this message and any attachments contained in it.