The markets gained in the opening trade on positive global cues. Strong demand for Spanish and Italian debt sales tempered risk aversion globally. However, trade remained choppy as Asian markets were seen trading mixed. The Sensex was trading with a gain of 70 points at 16108 level while Nifty gained 21 points reaching the 4852 level. The broader markets too opened strong with the Small-cap and the Mid-cap indices, up by over one percent each. Most of the sectoral indices were trading in the green with Realty and Metal being the strongest, rising more than two percent each. However, Teck and IT started on a weak note losing over one percent. The market breadth was fairly positive owing to the strength in the broader markets and three stocks were seen advancing against every single decline.
(Pic. Source- bseindia.com)
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