Nov. 7 - Indian markets opened on a strong note Wednesday on the back of strong cues from the global markets. Broad based buying was witnessed in early trade led by metal, capital good and power stocks.
Gains in the Sensex Index were led by Larsen & Toubro Ltd, Reliance Industries Ltd and Oil & Natural Gas Corp Ltd.Reliance Natural Resources Ltd, which rose 16.45 rupees to 195.00 rupees.
Among the top losers were Infosys down by 4.74 percent at Rs.1,764, Tatapower down by 4.72 percent at Rs.1,291 and Satyam Comp down 3.99 percent plotting at Rs.433.
Asian markets were trading higher. Hong Kong's Hang Seng surged 1.26 percent or 370.54 points to 29,808.67, Japan's Nikkei advanced 0.43 percent or 69.17 points to 16,318.80, Taiwan's Taiwan Weighted gained one percent or 92.78 points at 9,385.58, Singapore's Straits Times was up 0.47 percent or 17.26 points at 3,700.36 and South Korea's Seoul Composite gained 0.94 percent or 19.24 points at 2,073.48.
The Dow rose 117.54 points or 0.87 percent, to 13,660.94. The Standard & Poor's 500 index rose 18.10 points, or 1.20 percent, to 1,520.27, and the Nasdaq composite index rose 30 points or 1.07 percent, to 2,825.18. US indices bounced back in a late session rally on Tuesday helped by energy sector gains. While the Dow Jones advanced by 118 points to 13,661, the Nasdaq added 30 points to close at 2,825.
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