Indian Stock markets continued their upward move on Wednesday. The stock markets opened strong and are holding the gains. The Indian Stock markets are trading at all time highs. The markets have ignored the political issues and Bulls are in-charge of the market.

Heavy-weight Reliance and Reliance Energy helped the BSE Sensex to cross 18000 yesterday. Reliance Energy is up by 4.5%. ONGC is also trading with a gain of 3.2%.

At 12.21 pm NSE Nifty is trading at 5412 with a gain of 85 points (1.60%).

Sakhti Sugars has gained nearly 15%. The stock is currently trading at Rs 88. Hindalco has gained over 3 percent. UTI Bank and OBC are other gainers in today’s trade. Dr Reddy’s and Ranbaxy are marginally down.