Sensex ends 500 pts up; Nifty above 144 pts; auto stocks in lead

Asian markets finished broadly higher with shares in Japan leading the region. The Nikkei 225 closed above 602 points or 3.98% at 15,708.82 while Hong Kong's Hang Seng up 316.33 points or 1.54% at 20,880.50 and China's Shanghai Composite marginally up at 2,994.92.

Rupee depreciated by 0.048 paise or 0.07% at 67.188 against US dollars. The local currency did touched a low of 67.090 against dollars during the first half of the trading session. 

Monday trading session was a treat to watch. Sensex, Nifty touched a 11-month high on Dalal Street, led by US job data and positive global cue. The 30-stock index closed at 27,626.69 up 500 points or 1.84%, with 29 advances and 1 declines. While NSE soared by 144.70 points or 1.74% at 8,460.90 with 48 advances and 3 declines. 

Tata Motors stock is a top pick on exchange led by its robust growth in global vehicle wholesale for June. The company reported a 21% rise in June global vehicle wholesale. Is JLR retail sales also jumped by 17% yoy (year-on-year). The shares of the company was trading at Rs. 483.95 up by 17.65 points or 3.79%. It opened at Rs. 472.10 higher from its previous closing of Rs. 466.30. Till now, around 73 lakh shares have been traded valuing at Rs. 353.78 crore. 

Market rallies at 11-month high, Realty, Banking stocks in lead. 

Market may fall if GST is not cleared this monsoon: Mehraboon Irani, Nirmal Bang Securities. 

The DAX is up 1.41% or 136 points at 9,765.76 while the FTSE 100 gains 0.69%. The CAC 40 is even. 

At 12.52 pm, Sensex was above 490 points at 27,619.77; while Nifty was at 8,465.70 up 142.50 pointss. 

Nifty is trading massively positive with 51 advances. All stocks were on upbeat. Top gainers were Power Grid surging by 3.77% at  Rs. 170.65, followed by Tata Motors at Rs. 482.90 up 3.56%. While ICICI Bank and NTPC were trading in the range of 2.90%-3.30% at Rs. 249.90 and Rs. 158.30 respectively. 

Nifty Bank soared above 329 points at 18,345.80 with ICICI Bank trading as top gainer at Rs. 249.65 up 3.18%. 

Strong global cues drive SGX Nifty above 8,400 

On Monday morning trading session, BSE jumps 370 points or 1.37% at 27,497.35 on strong global cues. NSE too opened by reaching above its 8,400 mark up by 90.15 points or 1.08% at 8,413.35. 

The U.S. has added 287,000 jobs during the month of June, which has led market to perform on a positive note. Rupee was trading steady at 67.090 down 0.050 paise or 0.07% against US dollars. Asian market too commenced in green with Nikkei 225 rallying over 535 points or 3.55% at 15,642.53. Also Hang Seng shares soar by 373 points or 1.81% at 20,936.99; while Shamghai SE Composite index was marginally up at 3,010.57. 

5