Indian stock market opened up with strong gains. Sensex is live at 27769 with 1.87 percent up or 239 points up while Nifty is up 0.81 percent or 69 points at 8589. All the sectors are trading with strong gains in positive zone except the Oil & Gas sector trading down by 22 points at 12084. BSE Auto Sector is 155 points up at 22232, BSE Bankex is 210 points up 22035 and Bank Nifty has hiked 159 points at 19230.
PNB(Punjab National bank) Housing Finance is seeking to raise up to Rs 3,000 crore in the IPO. The mortgage company, owned by Punjab National Bank and private equity firm Carlyle Group, is looking to sell between 38.7 million and 40 million new shares in an indicative range of Rs 750-775 per share.
Currently 1716 shares have advanced, 734 shares have declined and 154 shares are still unchanged.
In Commodity market, crude oil remains higher. It has gained 32 points at 3355. MCX Gold is 64 points up at 29769 while Silver is just 319 points up at 42190.
In Asian Market, Nikkei has gained 61 points at 16961, Hang Seng has surged 315 points at 23353 and Shanghai Composite is 32 points up at 3073.
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