Mr. Yash Gupta, Equity Research Associate, Angel Broking Ltd
"Indian Indices Nifty and Sensex recover, up by 141 points (1.27%) and 585 points (1.53%) respectively. Indian Indices open higher on back of positive global market clues and then continue its positive movement. All sectors are trading in green , led by S&P BSE Energy (up 4.64%), S&P BSE OIL & GAS (up 2.12%) along with this heavyweight like Reliance (up 5.73%) getting in momentum on back of positive news of stake sale in Reliance retail. We expect markets to be volatile.Global Market update- DOW Jones up by 439 points (up 1.60%) and NASDAQ up by 293 points (up 2.71%)."