New Delhi: The markets opened on a very strong note on the back of strong cues from the Asian markets. Heavy buying was seen across the sectors led by power, realty, capital goods and banking.
All the key BSE indices were trading in the green and there was no stock in red on the Sensex. Realty, banking, FMCG and oil & gas stocks surged ahead.
Volume in first half an hour of trade was impressive and the market breadth was also handsome.
At 10:28 hrs IST, the Sensex was up 193.88 points or 1.24% at 15,808.32, and the Nifty up 48.50 points or 1.07 per cent at 4577.45.
About 2029 shares have advanced, 928 shares declined, and 68 shares are unchanged.
Top gainers on the Nifty are ITC at Rs 183.50 up 2.51 per cent, ICICI Bank at Rs 905.50 up 2.43 per cent and Zee Entertain at Rs 313.40 up 1.89 per cent.
Top losers on the Nifty were at Hero Honda at Rs 665.95 down 0.07 per cent and NALCO at Rs 266 down 0.04 per cent.
Major gainers in the opening trade were Reliance, Rel Comm, Rel Energy, NTPC, Sterlite, ICICI Bank, SBI, Suzlon, Tata Steel, Tata Motors, HDFC, L&T and Grasim.
Indowind Energy got listed at Rs 75 but soon slipped below its issue price of Rs 65.
Asian markets were trading strong. Japan's Nikkei rose 1.13 per cent or 179.26 points at 16,000.45, Hong Kong's Hang Seng surged 1.07 per cent or 261.38 points at 24,798.40, Taiwan's Taiwan Weighted advanced 0.57 per cent or 50.88 ppoints at 8,978.30, Singapore's Straits Times was up 1.26 per cent or 44.06 points at 3,548.46 and South Korea's Seoul Composite climbed 1.06 per cent or 19.63 points at 1,867.65.
US markets: The Dow rose 133.23 points, or 1.00 per cent, to 13,424.88. Broader stock indicators also advanced, though more modestly. The Standard & Poor's 500 index rose 12.39 points, or 0.84 per cent, to 1,483.95, and the technology-heavy Nasdaq composite index rose 8.99 points, or 0.35 per cent, to 2,601.06.
F&O cues:
- Futures Open Interest up by Rs 1,622 crore (Rs 16.22 billion), Options Open Interest up by Rs 840 crore (Rs 8.40 billion)
- Nifty Sep Futures add 2.6 lakh shares in Open Interest
- Nifty Oct Futures add 4.7 lakh shares in Open Interest
- Nifty Sep Futures discount at 1.6 points
- Nifty Open Interest Put-Call ratio unchanged at 1.53
- Nifty Puts add 7.9 lakh shares in Open Interest
- Nifty Calls add 5.2 lakh shares in Open Interest
- Nifty Sep 4400 Put adds 2.2 lakh shares in Open Interest
- Nifty Sep 4500 Put adds 1.95 lakh shares in Open Interest
- Nifty Oct 4500 Put adds 1.48 lakh shares in Open Interest
- Nifty Sep 4600 Call adds 2.9 lakh shares in Open Interest
- Stock Futures add 1.3 cr shares in Open Interest
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