Sharemasterindia.com 9:40 a.m.: Reliance Industries shares edge lower on profit- booking. The RIL stock was down 0.5 per cent at Rs 991. The stock in last six trading sessions saw an up move of 13.3 per cent.
9:34 a.m.: The broader markets were also witnessing buying interest. The BSE mid-cap index advanced 0.4 per cent and the small-cap index jumped 0.6 per cent.
9:30 a.m.: Markets opened on a strong note in trades on Monday. The Sensex advanced over 150 points and the Nifty jumped above its psychological level of 8,250 on the back of broad-based buying.
Buying was visible across the sectors. Banking, pharma, metal, power, consumer durables and IT stocks were among the top performers.
Banking stocks were leading the gains. The Bank Nifty jumped 1.2 per cent to 18,090. Punjab National Bank, Axis Bank, Yes Bank, Bank of Baroda, ICICI Bank, Kotak Mahindra Bank and HDFC Bank were among the top gainers from this space.
From the Nifty-50 basket of stocks, 38 were advancing while 12 were declining.
Axis Bank was the top Nifty gainer, up 1.5 per cent. Lupin, Sun Pharma, M&M, BPCL, TCS, Coal India and HUL were also among the gainers.
9:15 a.m.: Markets gain on positive global cues; Sensex jumps 137 points to 27,453 and Nifty above 8,250
9:08 a.m.: Sensex jumps 111 points to 27,427 and Nifty jumps 34 points to 8,259 in pre-market session.
9:08 a.m.: G Chokkalingam of Equinomics says markets have bottomed out; except exports growth and credit offtake, most macro factors are looking good.
9:05 a.m.: G Chokkalingam says bull run to continue; monsoons have been better than expectations, dichotomy between India and China getting corrected.
9:00 a.m.: Rupee opens higher at 63.51/dollar against Friday's close of 63.55
