Auto, IT and Oil & Gas stocks trading well

Mumbai -- Auto stocks are trading with smart gains led by hefty buying. Hero Honda has rose by 2.1% to Rs. 689, the scrip is the biggest gainer among the Auto stocks. Tata Motors is surged by 1.3% to Rs. 799, Maruti has advanced further by 0.7% to Rs. 799, Nissan and Suzuki may extend their universal alliance to India and M&M has added 0.4% to Rs. 617.

Buying is also witnessed in IT stocks and they continue to trade with gains. Rolta has surged by 4.4% to Rs. 211, Mphasis BFL has spurred by 3.3% to Rs. 168, NIIT is up by 1.6% to Rs. 346, Satyam has gained by 1% to Rs. 763 and Infosys has added 1.5% to Rs. 1735.

Oil & Gas stocks are back in action after witnessing buying in heavy weights. RIL has spurred by 1.2% to Rs. 991, HPCL is up by 0.5% to Rs. 223, BPCL has moved higher by 0.3% to Rs. 307 and ONGC is flat at Rs. 1190.