Mumbai: The markets opened on very strong note on Thursday on the back of heavy buying witnessed in the banking, IT and capital good stocks. Cues from the global markets were encouraging. Market breadth in the opening trade was positive.
At 0956 hrs, IST, Sensex was up 261 points at 21131 and Nifty was up 52 points at 6324. Major gainers in the opening trade were Infosys, ICICI Bank, NTPC, Rel Comm, Tata Motors, Maruti, Bajaj Auto, Unitech, Wipro, BHEL and Sterlite.
Asian markets were trading mixed. Japan's Nikkei was down 0.80% or 116.94 points at 14,482.22. Hong Kong's Hang Seng slipped 0.40% or 110.38 points at 27,505.47.
However, Taiwan's Taiwan Weighted rose 0.87%or 70.15 points at 8,155.21. South Korea's Seoul Composite gained 0.51% or 9.33 points at 1,853.80.
US markets: The Dow gained 146.24 points, or 1.16% to 12,735.31. The Standard & Poor's 500 index shot up 18.94 points, or 1.36%, to 1,409.13, and the Nasdaq composite index rose 34.04 points, or 1.39% at 2,474.55.
Market cues:
FIIs net buy USD 261.1 million in equity
MFs net buy Rs 12.5 crore in equity
NSE F&O Open Int up by Rs 1,056 crore at Rs 1.29 lakh crore.
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