Banks, oil & gas, metals and tech stocks are holding up the indices while realty stocks are under heavy selling pressure. BHEL, Tata Motors, Bharti Airtel, Hindalco and ICICI Bank are top gainers in the Sensex. While index heavy ITC is still down around 1 percent.
The market is once again firing away with strong gains as the Sensex is up 337.86 points or 1.85 percent at 18572.52, and the Nifty up 105.85 points or 1.98 percent at 5447.30.
About 1291 shares have advanced, 839 shares declined, and 157 shares are unchanged.
Banks, oil & gas, metals and tech stocks are holding up the indices while realty stocks are under heavy selling pressure. BHEL, Tata Motors, Bharti Airtel, Hindalco and ICICI Bank are top gainers in the Sensex. While index heavy ITC is still down around 1 percent.
Raghuram Rajan's taking over as the next RBI governor seems to be boosting the market for now. Former deputy governor Subir Gokarn says Rajan won't lessen RBI's focus on inflation but he may look for new ways to encourage dollar flows.
The market is once again firing away with strong gains as the Sensex is up 337.86 points or 1.85 percent at 18572.52, and the Nifty up 105.85 points or 1.98 percent at 5447.30.
About 1291 shares have advanced, 839 shares declined, and 157 shares are unchanged.
Banks, oil & gas, metals and tech stocks are holding up the indices while realty stocks are under heavy selling pressure. BHEL, Tata Motors, Bharti Airtel, Hindalco and ICICI Bank are top gainers in the Sensex. While index heavy ITC is still down around 1 percent.
Raghuram Rajan's taking over as the next RBI governor seems to be boosting the market for now. Former deputy governor Subir Gokarn says Rajan won't lessen RBI's focus on inflation but he may look for new ways to encourage dollar flows.
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