Tracing strong global cues, India’s benchmark index, Sensex rallied further on Monday (April 21).

Worldwide markets gained on speculation that the credit market losses at the banks will be over and as better than expected results by Caterpillar boosted confidence in machinery producers.

Metal, banking and consumer durable stocks paced the rally in India.

The 30-share index Sensex marked its closure at 16,739.33 after gaining 258.13 points, whereas the broad-based NSE Nifty ended at 5,037, up 78.60 points.

Tokyo  - Tokyo stocks open

New York  - Most US stocks fell Monday after Bank of America reported a sharp drop in earnings, sparking fears that the country's credit crisis may not be over just yet.

Hong Kong  -  Hong Kong stocks rose by 2 per cent Monday on optimism that the worst is over in credit crisis.

Tokyo  - Tokyo stocks opened highe

According to Alex Mathew, head of research, Geojit Financial Services, “Easing inflationary trend helped banking and realty stocks to rally today.