Sensex up 350 points, Nifty hovers around 8200; Heavyweights lead

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Consecutive second day buying in FII boost up the market with higher leads. Equity benchmarks rose more than one percent in the morning session itself. Sensex jumped up 360 points at 26596 and Nifty pace up by 111 points at 8213. Indian currency Rupee, is trading higher by 20 paise at 67.43 against US Dollar. All the sectoral indices are trading in the positive zone with higher leads.

Currently 1709 shares have advanced, 537 shares have declined and 131 shares are still unchanged.

Bullion market is drifting in the negative zone. Gold is 23 points down at 27888 while Silver has lost 166 points at 41780.

In Asian Market, all the indices are riding higher, with Japan’s Nikkei leading the region trading at 18753 at 256 points hike, Hang Seng is 126 points up at 22927 and Taiwan Index has gained 111 points at 9375.

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