Markets rally smartly in early trade
Markets rally smartly in early trade
At 0956 hrs IST, the Sensex was trading up 57 points at 11589 and the Nifty up 28 points at 3398.

Mumbai: The markets are opened smartly and continue its late Thursdays' rally. At 0956 hrs IST, the Sensex was trading up 57 points at 11589 and the Nifty up 28 points at 3398.

SBI, Guj Amb Cem, Hero Honda, Reliance Comm, Reliance Ind, ONGC and SAIL were major gainers.

However, there are few losers like HDFC Bank, Siemens and Sun Pharma.

Asian stocks rise on US durable goods report. The Nikkei rose 0.92 per cent or 146.82 points at 16107.44. The broader TOPIX index gained 0.74 per cent to 1,635.02. Hang Seng surged 0.38 per cent or 63.72 points at 16946.76.

US stocks end flat as durable goods report exceed forecast. The Dow Jones industrial average picked up 6.56 points, or 0.06 per cent, to 11,304.46. The Nasdaq composite index rose 2.45 points, or 0.11 per cent, to 2,137.11.

FIIs net sell $11.2 million in equity on August 23. Domestic mutual funds net sell Rs 227.5 crore on august 23. FIIs net sell Rs 24.05 crore in equity on Aug 24 (provisional).

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