Asian Market has been opened with a sharp gaining trend onset of Wednesday’s trading session. Asian market jumped after the US has shown good sales figures. Japan’s benchmark Nikkei is up by 300 and the Hang Seng index has jumped more than 500 points today.
The S&P BSE Sensex rallied over 400 points in morning trade on Wednesday led by gains in HDFC, Infosys, HDFC Bank, TCS, and ICICI Bank. The Nifty50 reclaimed its crucial resistance level of 7,850 supported by gains in IT, realty, power, capital goods, banks, and auto stocks.
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