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Markets move higher. Nifty trades above 5650

Markets have opened on a positive note in trades today tracking firm global cues. The Sensex has advanced 100 points to open at 18,637 and the Nifty has opened higher by 30 points at 5,666.

All the Sensex stocks are witnessing buying in the opening deals. Sterlite Industries is the top Sensex gainer, the stock has advanced nearly 2% to Rs 100. HDFC, HDFC Bank, Jindal Steel, Hindalco, ICICI Bank, ONGC and Bajaj Auto have also opened higher by 1-1.7% each.

On the sectoral front, BSE banking index- bankex is the top gainer, up 1.2% at 13,297. Capital goods, consumer durables, metal, realty, FMCG, oil & gas and power indices are also up 0.8-1% each.

The broader markets are in-line with the benchmark indices. The BSE mid-cap and small-cap indices are up 0.7% each.



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