Taking cues from the firm Asian markets the Indian markets opened strong with the BSE benchmark index, Sensex up 132 points at 18,177 and the Nifty started off the day above the 5,400 level, gaining 32 points at 5,445.In the broader markets, the midcap and the smallcap indices added 0.4% each, underperforming the Sensex which added 0.6%.
Among the sectoral indices, there was renewed buying interest seen in the beaten down spaces like Realty and Bankex which gained 1% ecah in the opening trades. However, rate sensitive, Auto space started the day in the negative, giving off nearly 1%. Capital Goods and FMCG indices were also quiet with a gain of 0.4%.
Among the sectoral indices, there was renewed buying interest seen in the beaten down spaces like Realty and Bankex which gained 1% ecah in the opening trades. However, rate sensitive, Auto space started the day in the negative, giving off nearly 1%. Capital Goods and FMCG indices were also quiet with a gain of 0.4%.
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