Recovering from the morning losses, the NSE Nifty gained 48-pts at 11,630-levels and the BSE Sensex gained 157-pts to quote at 38,980-level at 1.40pm.
However, over 110 stocks on the National Stock Exchange (NSE) fell to their one-year low on Friday, till mid-session. This includes Asian Hotels(East) Ltd, Accelya Solutions India, Automotive Axles, Asahi India Glass, Blue Dart Express, Cox&Kings, CARE Ratings and Eclerx Services.
In addition, Eris Life-Sciences, EmamiPaper Mills, ExcelCrop Care, GraphiteIndia, FosecoIndia, HEG Ltd, Khadim India, KDDL Ltd, Lakshmi Machine Works, MM Forgings, Lumax Industries, MuthootCapital Services, Schaeffler India Hit the minimum.
In the Nifty 50 index, Tata Steel, Tata Motors, Vedanta, Sun Pharma and NTPCwere among the lucrative stocks whereas Wipro, L&T, Axis bank, Bharti Airtel and ONGC were unprofitable stocks.