Despite of weakness in European markets, Indian stock markets closed higher on the third day of the week with Sensex up 208 points and Nifty 65 points. However, Nifty will still take 13 points to reach the top notch.

Asian stocks performed well today and the benchmark index opened higher on the extended gains. IT stocks that were the top losers in the previous session, rose up in the last hour of trade and ended at 1.96%, pushing the market to higher levels. TCS was the highest gainer with 2.13% growth while Wipro and Infosys moved up 1.8%.
Metals gained 1.43%, Hindalco led the Sensex with 4.58% gains. Tata Motors shares moved ahead with 4.19% while Auto stocks were up 1.27%.
Banking sector stocks were bullish as the index closed 1.16% higher with HDFC Bank mounting up with 3.10%. HDFC and HDFC Bank added 63 points to the BSE today.
Stocks for rice went up right after the government loosened up basmati rice export norms. Kohinoor Foods, LT Foods and KRBL Ltd rose up. Fertilizer stocks gained as the Chambal Fertilizer grew 6.78 % up.

Pantaloon led the retail stocks, which were up 3.78%.

Bajaj Corp was listed on the NSE today with the issue price of Rs. 660 and the stock was trading with 14.89% gains.

Apart from consumer durables stocks, all other sectoral indices moved up.

Suzlon Energy, RIL and Rcom were the top losers of the day. RIL stocks were down 0.65%.
While Sterlite Industries ended flat on the stock market, Cairn India grew 1.46 % and Sesa Goa gained 0.75%.