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%. Tata Motors and Hero Honda shedding 3% and 1% respectively are weighing on the auto space.
Among the Sensex gainers in the opening trades are realty major DLF up nearly 2% followed by ICICI Bank, ONGC, Reliance Infrastructure, HDFC, Jaiprakash Associates and Bharti Airtel adding 1% each.
Apart from the auto scrips, Hindustan Unilever down 0.7% was the onlt loser among the Sensex scrips.
The market breadth was positive. Of the total 1326 scrips traded on the BSE, 901 scrips advanced while 365 declined.
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