Here's how the Markets opened today

Stocks had a modest uptick on Thursday morning thanks to a positive close on Wall Street and two days of holidays in Chinese markets, which kept bad news at bay.

The Nifty rose 73 points to 7,789 in early deals, snapping a 4-day down draft of relentless selling. Ambuja Cement, ACC, Tech Mahindra, Tata Steel and Tata Motors were the top gainers on the Index. Idea Cellular, Hind Unilever, Lupin, GAIL and Coal India lost ground. The Advance-Decline Ratio was 44/6 on the Nifty.

Infosys, DLF and State Bank of India were the top traded stocks on the National Stock Exchange and it was a rare day that all three traded in positive territory.

Broader market indices also showed modest gains. All sectorial indices were up in the first half hour of trade. Stocks in Japan and Korea edged higher. Chinese markets are shut for two days of local holidays

The mood was cautiously optimistic on the Bombay Stock Exchange where the Sensex gained 180 points to 25,663 levels. Tata Motors lead the gainers with M&M, Hindalco, ITC and ONGC also making it to the list. Lupin, TCS and GAIL were under selling pressure.

State Bank of India, Tata Motors and ICICI Bank were the top traded stocks on the Sensex.

Bulls made tentative purchases in the futures and options segment even as the bears covered their short positions. Front month Nifty futures gained 71 points to 7,813 points. DLF, Tata Motors DVR, HDIL and IB Real Estate were top gaining futures while Glenmark, Coal India, Idea and Kaveri Seed posted losses.

Aptech, Repco Home Finance, Bayer Crop Science and Kitex Garments made it to the list of volume buzzers on the NSE while Mahindra & Mahindra was a major stock that figured on the list of 52-week lows on the exchange.

Image credit: Indiatimes