Sensex, Nifty Surge On Positive Global Cues

Indian market is trading firm green behind the positive signals. Sensex rose 311 points and was trading 16 334 points, while the Nifty rose 93 points and was the 4900

Among the sectoral indices, led the rally with a 3 percent profit. Realty rose 2.64 percent, while the metal continues to shine win 2.77 percent.

Broader market remained positive and CAP BSE Mid-cap and small-time was 1.36 percent. Market breadth remained positive with 1784 shares advancing against 957 declining.

Among stocks, Mahindra & Mahindra rose 2.4 percent after gaining 55 percent by Reva Electric.
SESA Goa, IVRCL Infra, and decreased by 8 percent.

Infosys, ICICI Bank, RIL and TCS led to the Nifty up ONGC, Idea Cellular and ACC BHEL was pulling down.

Among the Sensex stocks, TCS, Hindalco, and JP Associates have all increased by more than 4 per cent, while ICICI Bank, Tata Motors, Sterlite Industries and DLF has won more than 3 percent.[link url=http://24discover.blogspot.com/2010/05/sensex-nifty-surge-on-positive-global.html]


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