Markets gain momentum; Sensex zooms 400 points

Markets have gained momentum in the morning trades with Sensex trading comfortably above the 26,500 mark as a broad based buying in seen among the blue chips. Firm global cues on the back of strong US GDP data indicating that the economy grew faster than initially thought in the second quarter has lifted the mood  Commodity Trading Tips

At 10:10 AM, the 30-share Sensex was up 412 points at 26,643 and the 50-share Nifty was up 128 points at 8,077  Himanshu Tiwari Astrologer Blog

Markets started the first day of the September series over 1% higher tracking gains in their Asian peers and overnight gains on Wall Street on the back of robust US GDP data.

At 9:35AM, the 30-share Sensex was up 315 points or 1.2% at 26,546 and the 50-share Nifty was up 99 points or 1.2% at 8,048   Indian Stock Market  Astrology Prediction

The Indian rupee opened tad higher but failed to sustain gains and was trading lower at 66.10 to the US dollar compared to the previous close.

Foreign institutional investor continue to remain net sellers in equities to the tune of Rs 3,347 crore, as per provisional stock exchange data.