Markets continue to move from strength-to-strength in morning trades, as political worries take a backseat for the time being. Also a modest recovery in global markets have helped improve sentimnets. The Sensex opened with a gap of 230 points at 16,081. The index has so far touched a high of 16,275, and is now up 404 points at 16,253.
The NSE Nifty has advanced 125 points to 4,873.
The IT, Banking and metal indices are the major gainers, up over 3% each.
Nearly half the Sensex gains, are come from the top four heavywieghts - Reliance, Infosys, ICICI Bank and TCS.
Jindal Steel is the top gainer among the Sensex stocks, up 6.5% at Rs 492. TCS, Tata Motors and ICICI Bank are the other major gainers - up 4-5% each.
The market breadth is also fairly positive - out of 2,483 stocks traded so far, 1,898 have advanced and 514 have declined on the BSE.
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