Market opened on a positive note led by gains in metals, capital goods and technology stocks taking cues from the Asian peers. According to analysts, the market upmove may be capped soon due to global economic concerns.
The S&P BSE Sensex rallied as much as 106 points in trade on Tuesday ahead of Reserve Bank of India's monetary policy review due later in the day. The rally in the index was led by gains in ITC, InfosysBSE 0.94 %, ONGC, Tata MotorsBSE 0.09 % and Bharti Airtel.
The market breadth indicating the overall health of the market was strong. On BSE, 1,148 shares rose and 640 shares fell. A total of 83 shares were unchanged.
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the Sensex jumping over 700 points, while the Nifty ended above 10,250-mark.
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