Indian Market expected to trade higher

On the Occassion of Republic Day, Indian market back with a bang.Nifty fifty share index is expected to open higher in comparison to other markets, CNX Nifty was trading up to 8808.05rs with above 46 points or a change of 0.53%.

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Challenges of global markets in the short term will be much higher. But given the recent rapid global challenges in the long term is not meant to be any effect on the Sensex. Do not expect too much from the upcoming budget, and the budget is not expected to be announced in the very large.

Bharti Airtel, Indusland, ITC , Kotak Mahindra, Larsen, NTPC were thr top gainers in Nifty, while Infosys, Hindalco, PNB, Tata steel, TCS were among the losers in CNX Nifty.

Nifty Midcap 50 fell down by -8.85 points or a change(-0.27%) at 3431.05rs including Appllo Tyres, Andhra Bank, Biocon, Canara Bank, MRF, NHPC, Reliance Power decreases by -(0 to 1%).

Talk about the S&P BSE Sensex rallied as much as 210.78 points or a change of 0.73% at 29214rs. Also including BSE Health Care, BSE Metal, Reality, oil and gas and Power Index.

Major gainers in Sensex are Bajaj Auto, Hero Motorcop, Hindalco, Sum Pharma, Tata Motors, on the other hand, TCS, Gail, Coal India were among the minors.