Here's how the Markets opened today

Indian stocks rose for the third day on Thursday as a global rally in overseas markets souped up sentiment on Dalaal Street and investors remained net buyers in the wake of the Central Bank's whopping 50 bps rate cut.

The Nifty reclaimed the 8,000 point mark after more than a week and the index traded at 7,997 points, up 49 in early deals. Lupin, Idea, UltraTech, Ambuja and Sun Pharma were the top five gainers on the index while HCL Tech, Tata motors, BHEL , Tata Steel and Zee Entertainment slipped in trade. The Advance-Decline Ratio stood at 42/8 on the Nifty where HCL Tech, Lupin and Infosys were the top traded stocks on the National Stock Exchange.

The mood was bright and shiny in the broader market with the CNX 100, CNX 200 and CNX 500 Indices edging 0.6 percent higher. Gains were sharper on the CNX Mid Cap and the CNX Small Cap Indices. The sectoral space was a bit muted with the CNX Pharma index being the top gainer. The Bank Nifty and CNX PSU Bank indices edged up while CNX IT and CNX Media benchmarks slipped in trade.

The sentiment was bullish on the Bombay Stock Exchange with the Sensex jumped 228 points, or 0.9 percent, to 26,392 points. GAIL, Hindustan Unilever, NTPC and Mahindra & Mahindra shone in trade. Tata Motors, BHEL and Maruti slipped in trade. The Sensex had an Advance-Decline Ratio at 26/4 and HDFC, Infosys and Lupin were the most active shares on the Sensex.

Nearly all sectors traded in positive territory in the futures and options space except for Technology and banking futures which remained under selling pressure. Bharti Infratel, Reliance Communications and Indian Cements were the top gaining futures. IDFC Futures traded minus their banking unit after the infrastructure financing giant gave investors one share each of the proposed bank unit for every one share held in IDFC. HCL Tech and Mind Tree futures were the others that slipped in trade in the derivatives segment where bulls held sway with 134 futures rising compared with 29 that fell.

The tone was bullish in the wider market with 1,311 stocks gaining compared with 464 that fell below their Wednesday's close on the Bombay Stock Exchange.

Gokaldas Exports, Shriram EPC, EIH Ltd. and Globus Spirits were the early entrants on the volume buzzers list.

Image credit: Indiatimes