The Indian stock market opened positively today (July 18), following the positive global cues and decline in oil prices.

The 30-share Index, Sensex opened at 13,234.3, up 122.68 points from the yesterdays close.

At 12:07 p.m., the BSE Sensex gained 102.54 at 13,214.39, while NSE Nifty stood at 3,965.20, up 18 points.

The BSE Sensex continued to trade higher because of continued buying activity in key stocks.

Banking, Realty, Power stocks gained while IT, Metal, IT, Oil & Gas turned down.

All sectoral Indices were trading in positive, except BSE Metal, IT, Oil & Gas.

The overall market breadth was positive as it experienced 1263 advancements as against 936 declinations.

The major performers in the 30-share index were HDFC Bank, HDFC, ICICI Bank, Cipla, Reliance Infra, DLF, BHEL, SBI, JP Associates, ONGC and Tata Motors.

Laggards at the Sensex were Satyam, Wipro, Infosys, Tata Steel, Ranbaxy, ACC, Hindalco, Ambuja Cement and TCS.