Sensex, Nifty in red; Reliance falls 3%, JP Associates up =25 March

9:30 am Government's outlook on economy: Exuding confidence that growth will improve in the coming months, the Finance Ministry today said economy has stabilised which is evident from the strengthening of the stock markets as well as the rupee.

the economy has stabilised and that is reflected in rupee and stock markets. And going forward, I think, we will see growth numbers also improving.

Among the gainers are Sun Pharma, Tata Power, NTPC, Cipla and Reddy's Labs.

ONGC and Reliance fall on gas price issue.The rupee gained in the early trade. It has opened higher by 18 paise at 60.59 per dollar against 60.77 Monday.