BSE Midcap Index was up 3.70 per cent and BSE Smallcap Index moved 3.57 per cent higher.
The major gainers are Hindalco Industries, Grasim Industries, Sterlite Industries and Larsen 7 Toubro. Reliance Communications, Tata Consultancy Services, Tata Power, Wipro and HDFC are the major losers.
Realty stocks surge; Markets gain momentum
At 1:35 pm, Bombay Stock Exchange's Sensex was at 9,831.18, up 141.11 points or 1.46 per cent. The 30-share index touched a low of 9749.29. The high was 9,749.29. National Stock Exchange's Nifty was at 2985.10, up 63.75 points or 2.18 per cent. The broader index touched an intra-day high of 3010.30 and a low of 2917.90.
Markets rally higher; Nifty crosses 3000 mark
At 11: 30 NSE Nifty tested 3000 mark and it went up 82 points to 3,004. The Sensex gained 250 points at 9940.
Indian Stocks open higher
Indian markets on Monday, Dec 15 opened higher taking cues from the positive Asian markets. Sensex, the bench mark index of Bombay Stock Exchange climbed 178.13 points or 1.84 per cent points to 9,868.20 from Friday"s close. While National Stock Exchange"s benchmark Nifty tumbled 56.9 points or 1.95 per cent to 2978.25.
CNX Midcap 100 jumped 1.9 per cent to 3,569. The major gainers are Suzlon Energy, Wipro, Tata Communication, DLF, Unitech, Ambuja Cements, Cairn India, M&M, Hindalco, Grasim, Tata Motors, Reliance Industries and ONGC.
Asian markets are trading higher, after sharp fall on Friday, Dec 12. Nikkei, Kospi and Jakarta surged 5-5.5 pc. Hang Seng, Taiwan and Straits Times gained 2-3.3 pc. Shanghai rose 0.4 pc.
OneIndia News (With inputs from Agencies)