Market up by 1%, Nifty above 4900

Both Indian market opens with 1% gain on positive asian market clues. Currently, NSE trades at 4933 pts with 1.43% gain while Sensex is up by 224 pts to trade at 16,245.

48 stocks are trading in positive while only 2 stocks are in red with very low loss in Nifty 50. Nearly 13 stocks have appx 2% gain which includes Power Grid, Sterlite, Axis Bank, Hindustan livers, Asian Paints, J P Associates.

BPCL and Dr Reddy are only stocks in Nifty 50 which are trading low with 0.42%, 0.52% respectively.

All sectors in BSE are in Green with Power sector, Banking Stocks, Reality shares as top gainers sectors.