Markets Dance To Navratri Tunes

Markets dance to navratra tunes, Sensex up 70 points

The stock markets are in the tight grip of the bull this navratra as for the second day in a row the Bombay Stock Exchange (BSE) Sensitive Index (Sensex) opened strong today and soon extended their gains to cross the 8700-mark.
The 30-stock Sensex was up 70 plus points at 8768 at 1132 hrs.

The benchmark index opened at 8706.70 with a gain of nine points compared to Monday's close at 8,697.65.

The National Stock Exchange (NSE)'s 50-share Nifty too was up 23 points at 2653 this morning.

Top Sensex gainers this morning were HDFC Bank, Wipro, Dr Reddy's Lab, Maruti, Larsen & Toubro, Tata Motors, HIndalco, Grasim, Bajaj Auto and Ranbaxy Lab.

Only three blue chips trailed - Cipla, Gujarat Ambuja Cement and TCS.

All the BSE indices are up this morning. Both the BSE Smallcap and Midcap indices are up by 1.53 and 1.28 per cent respectively.

Auto and metal counters were also doing well. BSE Auto index was up 1.52 per cent and the BSE Metal index rose 1.30 per cent.