This is how the Markets opened today

Indian stocks rose for the second day on Wednesday as traders remained bullish on expectations that the RBI's 50 bps rate cut will kick start growth and revive demand in the slackening economy. Beaten down metals and realty stocks were in demand in early deals.

The Nifty rose 33 points to 7,877 points in initial trades as the bullish undertone in Asia was felt on Dalal Street. Tata Steel, Hindalco, Coal India, ITC and Idea were the top five gainers on the Nifty. On the losers' list were GAIL, Tech Mahindra, Bosch, Cipla and Zee Entertainment. The Nifty enjoyed an Advance-Decline ratio of 36/14 and had Larsen, Axis Bank, HDFC as its top traded stocks.

There was green all around in the broader markets with the CNX 100, CNX 200 and CNX 500 Indices gaining about 0.7 percent each. Gains on the CNX Mid Cap and the CNX Small Cap Indexes were higher. All sectoral indices posted gains. The CNX Metals index was the top gainer, surging 2.3 percent. Benchmarks representing the real estate, pharma, FMCG and Auto sectors shot up as well.

Sentiment was equally upbeat on the Bombay Stock Exchange where the Sensex jumped 194 points, or 0.8 percent, to 25,972. The Index saw Wipro, Sun Pharma, ICICI Bank and Lupin inch higher apart from the metal stocks which shone in trade.

Coal India, Maruti, Axis Bank were the top three traded stocks on the Sensex.

The trend was positive in the futures and options space with 18 out of 19 sectors edging higher in the first hour of trade. Only Banking futures were seen under selling pressure even as Infrastructure, fertilisers and telecom futures showed strong gains. The metal futures showed the highest positive change in Open Interest.

Eveready, Whirlpool and JK Paper were among the top volume gainers on the National Stock Exchange.

Image credit: Indiatimes