Markets continued to be footing on good European cues Nifty over 4850

Markets continued to be footing on good European cues. Trader sentiments were confident on hopes that European_leaders could be moving_toward fresh methods to control the crisis in the euro zone. The sensex went over 16150 and Nifty over 4850.

All the thirteen sectoral indices were upward.

Major gainers – BSE Metal increase by 4.69per cent, Bombay Stock Exchange Oil & Gas increase by 3.48per cent and Bombay Stock Exchange Bankex increase by 3.41per cent.

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