With the bulls remaining quite relentless, the market is headed for an upbeat close today. Global cues have been pretty strong today and there are no negative news flow from any part of the globe to hamper the mood.
Also on equity
Stock commentaryLive
Stock tips for investors
Stockometer
Top gainers | Worst losers
5-minute wrap-up
Amid expectations the government will move ahead with its reforms and do all that is required to push up growth, investors have been busy lapping up stocks right from the start of the session today.
The Sensex, which opened with a positive gap of around 75 points at 14,325.58, is currently up with a massive gain of 464.95 points or 3.26% at 14,715.20. The National Stock Exchange's Nifty index has gained 139.50 points or 3.3% at 4370.90.
HCL Technologies has zoomed 11.5%. Reliance Infrastructure is up by nearly 9%. Mahindra & Mahindra, Reliance Capital, ICICI Bank, Hindalco, Siemens, Tata Motors, Hero Honda and Axis Bank are up by 6.5% - 8%.
SAIL is up by around 6.25%. HDFC, ITC, Bharti Airtel, DLF, State Bank of India, Infosys Technologies, Tata Power, Maruti Suzuki, Tata Consultancy Services, Idea Cellular, Tata Communications, HDFC Ban, Nalco, Suzlon Energy, Wipro, Larsen & Toubro, Grasim Industries and Punjab National Bank have also posted strong gains.
