Sensex, Nifty, Midcap Up Nearly 2%; Aviation Stocks Most Active
The Sensex rallied 439.07 points or 1.83 percent to 24401.28 and the Nifty jumped 137.80 points or 1.89 percent to 7414.60. About 1952 shares have advanced, 500 shares declined, and 136 shares are unchanged on the BSE.The market rallied further in noon trade on further short covering in most beaten down stocks like banks, auto, oil and infra stocks. Asian markets extended uptrend with the Nikkei rising nearly 6 percent followed by Shanghai (up 1.2 percent) and Hang Seng (up 2.6 percent).
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