Indian Stock markets have touched a new high of 19,198.66. At 12.30 pm, BSE Benchmark Sensex was up by 400 points at 19,116. The stock markets bounced back from lows of yesterday very smartly. The markets opened today with a huge upward gap. NSE Nifty also touched an all time high of 5736.

The major gainers in stock markets were Ranbaxy Labs, Grasim, MTNL, VSNL, HDFC, Reliance and ONGC. Most of the stocks were trading in positive zone at 12.30 pm.

Indian stock markets are looking strong for today’s trading session. Market players are expecting a positive closing for the market with a gain of nearly 250 – 300 points till the end of trading session.