The market rallied smartly in early
trade, reclaiming 8200 on the Nifty led by banking & financials, oil and
technology stocks. The Sensex rose 274.91 points or 1.02 percent to 27120.72
and the Nifty rose 78.15 points or 0.96 percent to 8207.50. About 806 shares
have advanced, 140 shares declined, and 29 shares are unchanged on the BSE.
Vedanta topped the buying list on
Sensex, up 3.66 percent. Hindalco, ONGC, Tata Steel, SBI, PNB and Cairn India
gained 1.5-2 percent.
The Indian rupee gained past 65 a dollar in early
trade today. It has opened higher by 15 paise at 64.90 per dollar versus
65.05 Thursday.