Bulls are back; BSE up by580 while NSE higher by 176 points

Indian Stock Markets Strong; BSE Sensex BullishIndian Stocks markets opened with a huge upward gap. BSE Sensex is up by 580 points at 19615 while NSE Nifty has gained more than 176 points and is current at its day’s high of 5875. Stock Markets have seen good amount of buying in Banking Stocks and Reliance. L&T and ACC are also trading strong.

Indian Stock markets have seen a sharp re-bound from the recent correction. The stock markets were up yesterday and are trading with a big upward gap today as well.

Metal counters are also strong with SAIL and TISCO trading with gain of more than 3 percent. Banking Stocks including HDFC Bank, OBC, PNB, ICICI Bank, IDBI and SBI have gained substantially. Reliance is up by 3.6 percent.

Bharti Airtel is also strong in today's trading session.