As anticipated, the main Indian stock indices gave a gap-up opening in the morning trade, buoyed by a strong undercurrent across other Asian markets and overnight rally in the US markets. The Sensex is currently trading near the level of 17280 i.e., up by nearly 90 points and the Nifty is trading near the level of 5250 i.e., up by nearly 30 points. This has led the midcap and the small-cap counters to trade positive by over half a percentage point each. On the sectoral front, except for the Auto index, all the indices are trading in green. Consumer Durables, IT, Power and Metal indices are leading the list of gainers with gains of over a percentage point each. Meanwhile, the market breadth is positive as five stocks are seen advancing for every two declines.
(Pic source- bseindia.com)
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