Equity Market Live Update: Nifty Hits 8800 Mark

Nifty hits 8800 mark:

BSE Sensex is trading at 28,472 up 138 points, while NSE Nifty is trading at 8,806 up 37 points. Asian indices resumed trading in the red with the exception of the Japanese 'Nikkei" index which rallied as the yen weakened against the US$.Crude oil was unable to fight back above $50 on Tuesday amid signs of increased production from Iran and Libya.

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Rupee falls 16 paise against dollar:

The rupee opened lower 16 paise at 66.62/$ against US Dollar Wednesday as against the previous close of 66.46/$.

Top 11 stocks in focus today:

ICICI Bank, NBCC, BPCL, Punjab & Sind Bank, Tata Steel, Jet Airways, Bhushan Steel, Mayur Uniquoters, Indian Oil Corporation, Larsen & Toubro.