The Sensex index has soared by over 1,000 points, jumping to 81,700. The broader markets are also on the rise. The Nifty Bank index is trading wth a rise of 725.85 points.
Among the individual stocks, the auto, FMCG, feed and AC, among other consumer goods stocks, are on the rise. Maruti Suzuki has surged and is witnessing its highest surge in nearly 4 years.
On the flip side, the 24,500-24,550 levels have emerged as a strong support as of last week. We'll watch for some final earnings reactions from Inox Wind, Vodafone Idea, Zaggle Prepaid and Hindustan Copper. KEC International has won orders, while JK Cement has approved expansion plans.
Watch this space for all the live updates.
