Markets maintain momentum; HDFC, Lupin up 2%

The markets are going strong in mid-morning trades, led by gains on the pharma, capital goods and banking counters    Stock Market Trading Tips

At 10.28am, the Sensex was at 28,091, higher by 145 points or 0.5% and the Nifty was at 8,483, up 38 points.

The broader markets have also strengthened in tandem with the large-cap peers; the midcap and smallcap indices have gained 0.6% each at 10,940 and 11,380 respectively. Free Stock Share Tips

The Sensex had closed below the 28,000 mark at 27,945 and the Nifty had ended at 8,444 in Thursday's session. Intraday Trading Tips

On the economic front, the RBI Governor Raghuram Rajan expressed faith in the Indian economy. Raghuram Rajan said post market hours on Thursday that the growth is recovering and investment is picking up; he, however, maintained a cautious stance on inflation expectations.

Meanwhile, all eyes would be in Greece on Sunday ahead of the voting on referendum, which could provide some clarity on whether the cash strapped nation would be a part of European Union or not. In related views, the International Mowarned in the sustainability report that Greece would need an extension of its European Union loans and a large debt write-off if it grows more slowly than expected and economic reforms are not implemented.   Jupiter Astro Book 2015-2016