According to our shae tips expert The BSE Sensex and NSE Nifty started off business with 1% gap up on Monday day as international marketplaces rallied quite considerably on Friday after more powerful than predicted US pay-roll information and some positive hints from Eurozone.

The BSE benchmark gained 173.97 points at 17,371.71 and the NSE benchmark climbed 53.50 points to 5,269.20 led by buying across sectors.


Among Asian markets, Hang Seng and Kospi shot up 2% each while Nikkei rose 1.6%. Straits Times and Taiwan Weighted were up around 1%. Shanghai was up 0.3%. On Friday, US non-farm payrolls increased 1,63,000 as against expectations of 1 lakh while private payrolls rose 1,72,000 as against expectations of 1,10,000. In case of Eurozone, Spanish PM indicated willingness to consider asking EFSF/ESM aid if required.

Back home, Ambuja Cements, Tata Motors, SAIL, Sterlite, Tata Steel, Sesa Goa, L&T, BHEL, Reliance Infrastructure, JP Associates, PNB, SBI, ICICI Bank, Kotak Mahindra Bank, Reliance Industries
Sugar stocks like Balrampur Chini and Shree Renuka Sugars rallied around 3%.

MCX surged over 3% as MCX-SX has received nod for currency options.

Deccan Chronicle gained 4% after falling sharply in last week. HDIL and Indiabulls Real gained 2-3%.