Market Live: Sensex higher, Nifty eyes 10,400 despite North Korea missile attack

Shares of Technofab Engineering has locked at 20 percent upper circuit on the back of order won worth Rs 281 crore.

The company has received new order in the domestic water sector valued at Rs 281 crore.

The project is funded by Asian Development Bank.


* The company has entered into a binding share purchase agreement with Pantel Technologies Ltd and Veecon Media & Television Ltd for sale of its subsidiary Reliance BIG TV Limited (RBTV), RCom said in a statement without disclosing the deal amount.

* Equity benchmarks were mildly higher in opening trade, shrugging off North Korea's latest missile launch, and tracking positive Wall Street close.

* The 30-share BSE Sensex was up 34.86 points at 33,653.45 and the 50-share NSE Nifty rose 16.90 points to 10,387.20.

About 896 shares advanced against 317 declining shares on the BSE.

* Cipla, Coal India, NTPC, ONGC, Hindalco Industries and L&T were early gainers while Axis Bank and Tech Mahindra were under pressure.

* Alkem Labs gained 4 percent on US FDA nod for Capecitabine tablets.

* Bhansali Engineering, INEOS Styrolution, Shankara Buildcon, ADF Foods, RPP Infra, Balaji Telefilms, SpiceJet, Jet Airways, Godrej Consumer, United Breweries up 1-6 percent. TechnoFab Engineering rallied 20 percent.

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