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Markets recovered significantly after a flat opening this Monday tracking gains in Asian markets.
At 9:20 AM, the Bombay Stock Exchange's 30-share index Sensex rose 61 points at 19,077.78 while the National Stock Exchange's 50-share Nifty rose 24 points at 5,800.85.
In Asia, meanwhile,markets traded with a positive bias. Japan's Nikkei added 2% to 13,573. Markets in Taiwan adnd Seoul also advanced in opening deals.
The key sectoral indices such as consumer durables, autos, banks, healthcare , PSU gained while IT sector declined on the BSE.
The gainers on the Sensex were Sun Pharmaceuticals rising 2.7%, HDFC Bank gained 2%, Coal India was up 1.7%, Larsen & Toubro and BHEL were up 1.4% and 0.5% on the BSE.
The laggards were Wipro and TCS dropping 7% and 1% respectively while Sterlite Industries declined 0.8% and Dr Reddy’s fell 0.25% on the BSE.
The broader markets gained with mid-caps and small-caps adding 0.2-0.3% on BSE.
The market breadth was positive. Out of 2,502 stocks traded, 1,319 stocks gained compared to 1,048 declined on BSE.
