After an extended weekend, the market opened firm with a big gap up. The strong economic data and the emergence of non military solution to Syrian issue helped the markets to open firm. The Sensex surged 349 points at 19618, and the Nifty was up 107.10 points at 5786.10. The Indian rupee opened higher by 85 paise at 64.39 per dollar versus 65.24 on Friday. After a long weekend rupee is also expected to continue its recent strength. On international scene, US Stocks kicked off the first trading day of the week with a bang, with the Dow having its best day in two months, lifted by upbeat economic data from China and despite ongoing worries over Syria. On domestic scene, broader market was also positive, The BSE Mid Cap index and the Small Cap index are trading in green with the gain of more than one percent. On the sectoral front , all the indicies are trading in green. The BSE Auto Index is the biggest gainer with the gain of 2.95% . This is followed by BSE Capital Goods Index , which is treading with the gain of 2.68%.
Further, market breadth is positive as three stocks are seen advancing against each declining stock.
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