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Stocks rise on higher global markets, Sensex takes 16k
Analysts expect short term upside for markets. However, fundamentals remain weak for a medium to long term up move, analysts said. The earnings season is unlikely to drive the markets up.
10 Jan 2012, 10:14 AM IST 
BMW MINI Cooper S
Stocks opened higher Tuesday on the back of positive global markets. The Sensex and Nifty traded with over 1 per cent gains in early trade. Markets in Asia advanced on account of higher closing on the Wall Street overnight.At 0935 hours, the Sensex traded 197 points higher at 16,012 while the broader Nifty index advanced 60 points to 4,803. Analysts expect short term upside for markets."The short term trend for 35 of the 50 Nifty sto...
