Market soars at open

At 10:05 am (IST), the BSE 30-share Sensex has gained by 92 points at 10863 and the NSE 50-share Nifty is up by 27 points to 3183

The markets have recorded strong openings led by buying in heavy weights like TISCO, Wipro, VSNL, Reliance Industries, Satyam Computers, ITC, Infosys and HCL Technologies.
The glogal cues also boosted the markets to rise at open.

At 11:00 am (IST), the BSE 30-share Sensex has gained by 92 points at 10863 and the NSE 50-share Nifty has lost by 27 points to 3183. The glogal cues also boosted the markets to rise at open.

The global indices closed with gains The Dow gained 0.7%, to 11,225.30. The S&P 500 added 0.3%, to 1274.08. eBay's decline held back the Nasdaq Composite Index, which rose 1.75, or 0.1%, to 2155.09

Asian stocks gained this morning. The Nikkei 108 points at 15,429 while the Hang Seng was nearly flat at 16,444. The Kospi was up 13 points at 1276.

In the emerging markets, the Bovespa of Brazil was up 0.3% at 36,533 while the IPC index of Mexico jumped 2.7% at 20,047 and Russia's climbed 2.3% at 1535.

Gold futures closed at their highest level since June 5 as tensions between North Korea and the West continued to escalate. After a weak opening, gold for August delivery closed up $ 6.60 at $ 636.30 an ounce on the New York Mercantile Exchange.crude slipped 5 cents to settle at $ 75.14 a barrel.

At 10:13 am (IST),Ashok Leyland has gained by 2.5% to Rs. 38

Ashok Leyland has gained by 2.5% to Rs. 38 after the company announced an increase in June sales by 22%. The scrip has touched a high of Rs. 38.45 and a low of Rs. 37.65 and has recorded volumes of over 77 thousand shares on BSE.