Domestic stock markets opened with huge gains. The Sensex jumped over 400 points early on positive signals from Asian markets. As a result, the Sensex crossed the 61,000 level and the Nifty comfortably crossed the 18,000 mark.
Midcap 100 and Nifty Smallcap 100 indices rose up to 0.3 percent. Barring metal, all sectors, mainly banks and pharma stocks have gained heavily. Currently, Sensex 3 jumped 80 points to 61126 and Nifty continued to gain 118 points to 18130.
While Dr. Reddy’s, Apollo Hospitals, Divi’s Labs, Grasim, and ICICI Bank are in profit, Axis, Tata Steel, Bharti Airtel, Coal India, and ITC are losing. The rupee was flat at 82.75 against the dollar.
