Ways2capital Morning Update : Sensex Was Up 116.70 Points & Nifty Rose 30.50 Points

Benchmark indices opened higher despite weakness in Asian stocks, backed by auto sales data.

The 30-share BSE Sensex was up 116.70 points at 35,277.06 and the 50-share NSE Nifty rose 30.50 points to 10,769.90.

Tata Motors, Bajaj Auto, Eicher Motors, M&M, Maruti Suzuki, Reliance Industries and L&T gained up to 3 percent.Wipro, HUL, HCL Technologies and Hindustan Zinc lost up to

Nifty Midcap was up 12 points and Nifty Bank gained 80 points.

Fortis Healthcare, Container Corporation, Transformers & Rectifiers, Arvind Smartspaces, Munjal Showa, Ceat and Dabur India gained up to 8 percent while Lanco Infratech, HDIL and Jet Airways were under pressure.

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