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Markets firm. Banks gain.

Markets opened on a firm note tracking positive global cues. The BSE Sensex opened at 16,647, up 195 points and the Nifty opened at 5,011, up 56 points.

Earlier the US Stocks had seen a surge, which has helped the Indian sentiment here.

Banking stocks are all on the rise today. ICICI Bank is up by 2.4%. SBI is up by 2.4%. PNB is up by 1%.

Tatasteel has surged by 3.2%. STER is up by 2.5%. Jindal steel is also up by 1.4%. Hindalco has seen a rise of over 2%.

Reliance capital is up by 3%. Punj lloyd is also up by 3%.

The CNX Midcap index is up by 1.2%.

HDIL has rose by 2.7%. IVRCL Infra is up by 2%. Educomp solutions is up by 1.4%.



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