The benchmark indices shot up by over one percentage points in early trade on a sustained buying by funds and retail investors. Overnight gains in the US markets on upbeat economic data also boosted optimism on the bourses. On the domestic front, the investors are eagerly waiting for the Railway Budget to be presented today. Currently, the wide-based Nifty moved up by 51 points, to 5480 while Sensex was trading with gains of 165 points at 17978. All the sectoral indices, except Realty, were trading in the positive territory. Auto and Capital Goods were leading the list with gains of over one and a half percentage points. Market breadth was positive and five stocks were seen advancing against every two declines.
(Pic. Source- bseindia.com)
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