Sensex, Nifty zoom over 1%; bank, metal, auto lead rally

The market continues to surge as the Nifty holds the crucial 8300-level. The 50-share index is up 116.85 points or 1.4 percent at 8308.35 while the Sensex is up 373.53 points or 1.4 percent at 27478.92. About 1626 shares have advanced, 686 shares declined, and 146 shares are unchanged.

Metals are stars of the day with Vedanta and Hindalco as lead gainers. SBI, Hero and HDFC are other top gainers in the Sensex. Among the losers are HUL and Reliance.

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Posted in: Indian Market Tips