Click to play videoMarkets opened on very strong note today taking cues from the global markets. Huge amount of buying was witnessed in the power, banking, metal and IT sectors. Jyothy Labs lists at Rs 851 versus its issue price of Rs 690.
At 9:56 am, Sensex was up 293 points at 19373 and Nifty was up 81 points at 5823. Major gainers in the opening trade were RPL, Reliance, Sterlite Industries, ONGC, Tata Power, HDFC, HDFC Bank, M&M, Hindalco, BHEL, Tata Steel, Infosys and L&T.
Asian markets were trading firm. Hong Kong's Hang Seng gained 1.27% or 339.66 points at 27,072.53, Taiwan's Taiwan Weighted surged 2.28% or 178.18 points at 7,985.57. Singapore's Straits Times rose 1.12% or 37.61 points at 3,406.92, Japan's Nikkei was up 0.04% or 6.39 points at 15,214.25.
US market: The Dow Jones industrial average gained 65.27 points, or 0.50%, at 13,232.47. The Standard & Poor's 500 Index rose 9.08 points, or 0.63%, at 1,454.98. The Nasdaq Composite Index advanced 21.57 points, or 0.84%, at 2,596.03.
Market cues:
FIIs net sell USD 272.4 million in equity on Dec 17.
NSE F&O Open Interest up by Rs 1,796 crore at Rs 1.14 lakh crore.
With Moneycontrol inputs
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