The Sensex is at 27,189.31 up 322 points or 1.1 percent while the Nifty is up 94.20 points or 1.1 percent at 8221.15. GAIL, Hero Motocorp, ICICI Bank, HDFC and M&M are top gainers in the Sensex. Among the losers are Hindalco, Vedanta and NTPC.
After the deep cuts yesterday, the market has opened on a strong note Wednesday. The Sensex is up 152.35 points or 0.6 percent at 27029.83 and the Nifty is up 54.60 points or 0.7 percent at 8181.55. About 313 shares have advanced, 63 shares declined, and 71 shares are unchanged. Axis Bank, BHEL, Wipro, ICICI Bank and Tata Steel are top gainers in the Sensex. Hindalco falls 2 percent. The Indian rupee opened flat at 64.17 per dollar against previous day close of 64.17. The US dollar slumps against the euro and swiss franc after a spike higher in German bond yields overshadowed a similar rise in US treasury yields and generated demand for the European currencies. The dollar index dipped below 95 marks.
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