The Indian market closed the first day of a new week at the high point of the day on the back of good global cues which led to positive trade across the board. The broader markets, too, participated in this rally. Sensex closed at 16177, up 481 points (provisional) and Nifty at 4851, up 141 points (provisional) from the previous close. CNX Midcap index was up 1.95% and BSE Smallcap index was also up 1.9%. The market breadth was positive with advances at 994 against declines of 314 on the NSE.
After gap up open market through out go up and most of mid cap and small cap stock recover very fast like Hindalco, IDFC, Educomp etc. Now other U.S. and Europe market also looks positive trend so this week looking good for Indian market upto 17200 of sensex and nifty touch likely 5200.
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