Indian Stock indices gain on positive global cues

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Good morning to visitors of LiveBombayStockExchange. Coming to latest updates from Indian stock markets for today. Major indices like SENSEX and NSE NIFTY look in jovial mood as investors took strong housing data of USA and slight fall in crude oil price yesterday positively. The most watched index Bombsy Stock Exchange's SENSEX and National Stock Exchange's NIFTY are up by over one and half percent now.

Latest updates from major Indian stock indices at (time of posting) is as follows:

SENSEX	17726.03	Up 280.28 pts
NIFTY	5369.89	Up 88.65 pts
MIDCAP	6270.28	Up 160.76 pts
SMALLCAP	6792.89	Up 159.25 pts

Sector-wise performance: BSE Realty Index is up by 2.55 percent, BSE Metal Index higher by 1.85 percent higher, BSE Bankex also up by 1.77 percent and BSE Power Index moved 1.66 percent higher. BSE IT Index was however on other side and down by 0.11 percent. Market breadth was positive on the BSE with 1378 gainers against 492 losers. Only 2 of the 30 components (TCS and LnT) of SENSEX are trading down.

Other major news coming from Stock markets analysts is as follows:

-Liquidity may not help mkts if oil continues to boil: Kotak
-UP elections, LTRO II, Budget can push mkt up: Dalton Cap
-GDP growth may be slowest in over 2 years
-ONGC, GAIL may offer $2 bn for Cove Energy

HAPPY TRADING!!