Market PreSession 8th Mar: Open higher today

    The Sensex and the Nifty are expected to open higher on back of strong global cues.

Nifty has first Resistance at 5125 and then 5150


Oil marketing companies and metals continue to remain in focus.

Market internals (As on 5th March 2010)

Markets gain 3.5% for the week
BSE metal and BSE realty gains 7% for week
Nifty fails to end above 5100 mark
Markets end at highest level since 21 Jan
Markets edge marginally higher
Sensex gains 30 pts, Nifty added 10 pts
Advance decline ratio at 3:2 on NSE
All sectoral indices except consumer durables end in green
BSE Realty gains over 1.5% in trade
Puravankara up 11%, Akruti, Sobha gain over 5%
All stocks contribute or drag Sensex in range of 10 pts
DLF gains 4%, Hero Honda up 3.5%
Tata Motors top loser in Nifty down 2%