Markets End in Green and Touches 30 Month High During Trading

The Indian markets continue with their upward move to close on a positive note after touching the 30 month high in today’s session. Good buying interest was witnessed in indices like Banking and FMCG indices gaining more than one percentage points. The main draggers in today’s session are the Realty, PSU and IT indices. The Sensex closed the day in green gaining 191.91 points or 1.05 percentage points to close at 18,449.03.  Nifty ends the day at 5540.20 gaining 61.05 points or 1.11 percentage points. Market breadth was positive with 1,650 advances against 1,297 declines on BSE. On the global front, European stocks advanced as the Bundesbank raised its 2010 growth forecast for Germany to 3 percent from 1.9 percent. The Stoxx Europe 600 Index climbed 0.5 percent to 258.77 at 11:05 a.m. in London, having earlier lost as much as 0.4 percent.