Due to good signals from American and Asian markets the domestic market also start excellent. Sensex gained more than 150 points and the Nifty is little distant from the main level of 8700. Midcap and smallcap stocks rallied 0.6 percent is good.
The BSE 30-share Sensex index 151.5 points ahead with 0.51 percent is trading at 28565. While the 50-share NSE Nifty index 50 points i.e rose 0.55 percent and is on 8680's level.
See all Sectorial market indices are in green. Capital Goods, FMCG and auto sectors are showing the most gains. Banking and power stocks are trading with fast.
In veteran shares Dr Reddy's Laboratories 1.51 percent and Kotak Mahindra Bank is seen 1.43 percent up. BPCL, Axis Bank rose 1.27 percent. UltraTech Cement, Tata Motors, Tata Steel and Larsen & Toubro is trading with the gain of 1.25 to 1.14 percent. IndusInd Bank and Hindalco rose 1 percent.
Jindal Steel fall 4.44 percent in the heavyweight stocks showing a steep decline. GAIL 0.63 percent weak and in ONGC there is slight decline of 0.08 percent.
Midcap stocks Amtek Auto, Amtek India, PMC Fincorp, Ajanta Pharma and Sun Pharma Advance is 5.11 to 3.17 percent up. The smallcap stocks SV Global Mill, Gulf Oil, Diamond Power, Grenules India and Grevita India rose 19.25 to 7.64 percent.
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