Nifty above 7850, Sensex surges; HDFC, SBI, Tata Motors gainers

The market is surging ahead with strong support from auto, banks, IT and capital goods stocks. The Sensex is up 374.03 points or 1.5 percent at 25679.50, and the Nifty is up 122.05 points or 1.6 percent at 7870.90. 

About 1448 shares have advanced, 649 shares declined, and 120 shares are unchanged.

ICICI Bank, HDFC, SBI, Tata Motors and Maruti are gainers while Cipla and Coal India are losers in the Sensex.

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Posted in: Indian Market Tips