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Mid market update - markets up 7% (13/Oct/08)

As predicted in my last post, the markets are now off to a great start not just in India, but also in Asia/Europe. The Sensex is currently 717.24 points up (6.81%) at 11,245.09 and Nifty is up 204.15 points (6.22%) at 3,484.10. Asian markets ended higher and European markets have opened higher.

I had mentioned in my last post about trading opportunity in ICICI Bank. True to that, the stock is now quoting 18.38% higher at 430.50. For those who capitalised on it, great going!

I will post another entry at end of trading session.

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