Nifty holds on to 5100 as Spain surges 5%

A strong opening on European bourses, particularly Spain, helped Indian stocks maintain early gains Monday. The BSE Sensex traded nearly 150 points higher, while the Nifty index managed to stay above the 5,100 mark post noon.Indian markets saw their best weekly gains last week and the Nifty index is now trading above the 200 day moving average, considered to be a strong support. Analysts have turned cautiously optimistic on equities ...