Sensex reclaims 36,000, Nifty trades above 10,900 post strong global rally

Indian Indices:                              Trends on SGX Nifty indicate a positive opening for the broader index in India. Sensex trades over 100 points higher, hitting 36,000 in the opening tick, while the Nifty is now trading above 10,900.

Global Market:

·       Asian markets- Sensex trades over 100 points higher, hitting 36,000 in the opening tick, while the Nifty is now trading above 10,900.

·       US Markets: Toronto hits record close, while U.S. markets also gain ground.

·       European markets: European markets finished higher on Monday with shares in London leading the region. The FTSE 100 is up 0.92% while France's CAC 40 is up 0.42% and Germany's DAX is up 0.38%.

·       Major Headlines of the day:

·         Results to be announced today of Indusind bank and TCS.

·         Dish TV up 1%; reports Q1 profit at Rs 27.9cr

·       Asia shares extend rally, pound bewildered by politics

·       Trends Dr Reddy's Laboratories up 3% on agreement with UCB to distribute Briviact in India

·       Trend in FII flows:-  The FIIs were Net Value of Rs  -569.91in the cash segment while the DIIs were Net Value of Rs 740.39 as per the provisional figures.

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1.IDBI

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