Sensex up over 250 points, Nifty above 10300-mark

FAST MONEY DCB Bank Oberoi Realty among top 10 intraday tips for today's trade

FAST MONEY DCB Bank Oberoi Realty among top 10 intraday tips for today's trade

Indian shares look set to open higher on Monday after the Bombay Stock Exchange waived off the transaction charges on Sensex 30 stocks in a bid to encourage participation of retail investors.

Asian markets too were trading in the green on strong cues from Wall Street after a better-than-expected U.S. jobs report on Friday. Meanwhile, the broad based NSE Nifty went up by 194.55 or 1.90% at 10,421.40 with 44 components posting rise.

All the sectoral indices, led by IT, Teck, oil and gas, FMCG and realty sectors, were trading in the green with gains up to 1.24 percent.

The Nifty Private Bank index was trading 0.91 per cent up at 13,892 around 10:10 am (IST).

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All but three stocks closed lower on the Nifty 50 index, with Bharti Airtel Ltd and ITC Ltd among the top percentage gainers. Shares in the other Asian markets rose, taking positive cues from Wall Street where shares ended nearly 2 per cent higher on Friday.

Asian stocks are trading mostly higher this morning after the tech-heavy Nasdaq Composite rose 1.8 percent on Friday to extend gains for the sixth straight session and reach a record closing high on the back of upbeat jobs data.

On Friday, the rupee had lost 3 paise to end at 65.17 against the USA dollar.

On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 550.36 crore while domestic institutional investors (DIIs) sold shares worth Rs 65.00 crore on Friday, provisional data showed.

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