The markets opens with marginal gains but soon gathers momentum to keep on marching forward. The investors are optimistic about the outcome of the monetary policy review by RBI scheduled tomorrow. From, the sectoral front, Realty, Metal, Capital goods and Bankex indices are attracting the investors confidence as they are trading with handsome gains of more than 2% each. The BSE Sensex trading above the 11,150 mark and the NSE Nifty surpassing the 3,430 mark in the early trade. The Mid Cap and the Small Cap indices also following the same trend of the benchmark indices to continue its upward journey and have outperformed the benchmark indices in the early trade. Both the BSE Mid Cap and the BSE Small Cap are trading with a gain of more than 2% each.
BSE Sensex is up by 147.82 points at 11,170.91 and the Nifty is up by 48.25 points to 3,432.65.
The BSE Mid Cap increased by 90.36 points to 3,562.96 and the BSE Small Cap grew by 99.55 points to 4,051.11.
Punjab National Bank is trading up by 2.59% at Rs505.35. The bank in India launched its online trading services in association with Networth Stock Broking to provide state-of-the-art online trading services to its customers on April 13, 2009.
The Asian markets are trading mixed with Japan''s Nikkei Index along with Strait Times, Seoul Composite and Taiwan Weighted trading down by 0.26%, 0.77%, 0.41% and 0.21% respectively. However, Hang Seng is trading up by (1.11%).
On Friday, the US stock markets closed flat but reported 6th successive week gain. There was phenomenal buying sentiments across financial sector as there were optimistic comments from the regional bank BB&T which had reassured investors that banks can still make profits while building loss provisions. On the other hand the financial major Citigroup was a laggard after the bank reported quarterly loss of $0.18 per share. The industrial giant GE surged phenomenally as the giant recorded better than expected quarterly result of $0.26 per share.
Reliance Infra reported the top gainer from the BSE Sensex pack, as it is trading higher by (4.36%) at Rs. 687.30 while NTPC reported the top loser down by (0.47%) at Rs. 192.15.
The overall market breadth is positive as 1240 stocks are advancing while 441 stocks are declining on BSE.
BSE Realty index is trading higher by 85.61 points or (3.95%) to trade at 2,252.10. The top gainers are Ansal Infra increased by (6.59%) to Rs.36.40, Unitech up by (6.18%) to Rs.55.85, Sobha Dev inclined by (4.55%) to Rs.104.55 followed by Indiabull Real up by (4.43%) to Rs. 134.50.
BSE Metal index is trading higher by 246.75 points or (3.63%) at 7,037.51. The major gainers are JSW Steel up by (6.54%) to Rs. 337.15, Jindal Saw grew by (6.25%) at Rs. 221, Jai Corp Ltd up by (5%) to Rs. 344.45 and Gujarat NRE C inclined by (4.46%) to Rs. 26.95.
BSE Sensex is up by 147.82 points at 11,170.91 and the Nifty is up by 48.25 points to 3,432.65.
The BSE Mid Cap increased by 90.36 points to 3,562.96 and the BSE Small Cap grew by 99.55 points to 4,051.11.
Punjab National Bank is trading up by 2.59% at Rs505.35. The bank in India launched its online trading services in association with Networth Stock Broking to provide state-of-the-art online trading services to its customers on April 13, 2009.
The Asian markets are trading mixed with Japan''s Nikkei Index along with Strait Times, Seoul Composite and Taiwan Weighted trading down by 0.26%, 0.77%, 0.41% and 0.21% respectively. However, Hang Seng is trading up by (1.11%).
On Friday, the US stock markets closed flat but reported 6th successive week gain. There was phenomenal buying sentiments across financial sector as there were optimistic comments from the regional bank BB&T which had reassured investors that banks can still make profits while building loss provisions. On the other hand the financial major Citigroup was a laggard after the bank reported quarterly loss of $0.18 per share. The industrial giant GE surged phenomenally as the giant recorded better than expected quarterly result of $0.26 per share.
Reliance Infra reported the top gainer from the BSE Sensex pack, as it is trading higher by (4.36%) at Rs. 687.30 while NTPC reported the top loser down by (0.47%) at Rs. 192.15.
The overall market breadth is positive as 1240 stocks are advancing while 441 stocks are declining on BSE.
BSE Realty index is trading higher by 85.61 points or (3.95%) to trade at 2,252.10. The top gainers are Ansal Infra increased by (6.59%) to Rs.36.40, Unitech up by (6.18%) to Rs.55.85, Sobha Dev inclined by (4.55%) to Rs.104.55 followed by Indiabull Real up by (4.43%) to Rs. 134.50.
BSE Metal index is trading higher by 246.75 points or (3.63%) at 7,037.51. The major gainers are JSW Steel up by (6.54%) to Rs. 337.15, Jindal Saw grew by (6.25%) at Rs. 221, Jai Corp Ltd up by (5%) to Rs. 344.45 and Gujarat NRE C inclined by (4.46%) to Rs. 26.95.
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