Free nifty tips - The market continues to see good buying in December series as the Nifty eyes 7950. The 50-share index is up 42.35 points or 0.5 percent at 7926.15. The Sensex is up 127.51 points or 0.5 percent at 26086.14.About 1198 shares have advanced, 596 shares declined, and 139 shares are unchanged.
Tata Steel, ICICI Bank, M&M, Axis Bank and Cipla are top gainers while Dr Reddy's Labs, ITC,GAIL, Maruti and Lupin are major losers.
Reliance Infrastructure's shares gained 1.4 percent intraday on top of a 3.3 percent rise in previous session. A a media report indicated that the company is in talks with Aditya Birla Group company for stake sale in cement units.
"The Aditya Birla Group's cement company, UltraTech Cements, is in talks to take over cement units of the Anil Ambani-owned Reliance Infrastructure," a media report says quoting unnamed sources.
Anil Dhirubhai Ambani Group company's cement units are likely to fetch an enterprise valuation of Rs 5,000-5,500 crore, the report adds.
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