Get Tips & Intraday Updates Sensex up over 200 pts; Maruti rises 4%

The Intraday market continues its rally as sentiment is still upbeat with Narendra Modi-led NDA winning the 16th Lok Sabha elections. The Sensex is up 287.56 points or 1.19 percent at 24409.30 and the Nifty is up 86.20 points or 1.20 percent at 7289.20. About 619 shares have advanced, 109 shares declined, and 27 shares are unchanged. Sesa Sterlite and Maruti are up 4 percent each, while SBI, Tata Power and HDFC are early gainers in the Sensex. Among the losers are TCS, HUL , Wipro, ITC and Dr Reddy's Labs.
The Indian rupee has touched fresh 11-month high in early trade on Monday. It opened at 58.55 a dollar - the highest level since June 18, 2013 - up 24 paise compared to Friday's closing value of 58.79 a dollar.

However, Japanese Nikkei 225 Average rose 14.40 points to 14,110.99 and Singapore's Straits Times was up 0.29 point to 3,262.88.
In commodities, crude oil prices rose as investors were worried about Libya after a recovery in the OPEC country's oil supply proved short-lived. From the precious metals space, gold prices fell as US jobs and factory data indicated brighter prospects for the economy, hurting the metal's appeal as an investment hedge.

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