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Nifty gains 1% in early trade. Metals, Auto shine

markets up Markets have seen a good gap up opening in the early trade today. Stocks from the metals, banking and auto sectors have contributed to the rally.

The Nifty has opened strong with 0.98% gains at 5267.90. The Sensex is up by 166 points at 17364.

Stocks advancing include Tata motors which has recorded a 2.7% gain. Tata steel is also trading in the green with 2.3% surge. JP Associates is up by 2.1%.

RIL, and SAIL have also recorded 2% gains.

The BSE Auto index has surged by 92 points.

On the losing side, ONGC and Wipro are trading in the red with moderate losses.

Dr. Reddy’s and BPCL are also trading in the red.


 

 

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