Markets trading on strong note.

Indian markets after having a firm positive opening had extended its gains in the late afternoon trade. Positive cues from the Asian market and China coming for the help to the resolve debt crisis of the European counties today boosted the investor’s sentiments across globe. Both Sensex and Nifty both are trading up with 1.84% and 1.93% respectively. Sensex crossed the 18000 mark level today. 

Asian markets continue to trade in the green zone. Chinese government offering help to resolve the European debt crisis brought some ray of hope among investor’s over the debt strangled European nation. The European markets too opened on Positive note.

Back Home among the BSE sectoral Indices all the indices are trading up with gains between 0.17% to 4.40%.  Realty, Auto and CG are leading with gains of 4.40%, 4.19% and 3.63% respectively. While CD, Bankex and power are also up between 2 - 3.38%.

Among the Sensex shares Tata motors after reporting strong Dec quarter mainly on account of JLR performance is leading the with gains of 8.59%. While other like Bajaj Auto, Bharti Airtel, DLF, Hindalco, ICIC bank, L&T, M&M, Maruti Suzuki, and Sterlite are trading with gains between 1.8-5.65%. While among the losers pack HUL and RIL is down by 0.1.29% and 0.87% respectively.

The market breadth, indicating the overall health of the market, is positive. On BSE, 1860 shares rose and 941 shares fell. A total of 130 shares remained unchanged.