Markets up on Global Cues

Today Indian markets ended on a higher note keeping benchmark indices above their psychological level. The markets were up for a second consecutive trading session on positive global cues. Reality, bank, metal and oil & gas companies were the gainer for the day while auto and consumer durables were the losers for the day. Hindalco, Rcom, ICICI, DLF and Reliance Infra led today’s rally and ended higher by 5.78, 5.66, 4.23, 4.11 and 3.58 percent. Tata motors was dragging Sensex and down by 6.25 percent. The benchmark indices Nifty and Sensex closed at 5,476 and 18,266 up by 1.18 and 1.23 percent respectively. The midcap and smallcap indices ended up by 1.48 and 0.89 percent respectively. The market breadth was positive with 1713 advance against 1078 declines.