Sensex goes green; Retail joins bandwagon too

The new year continues to bring joy to Indian equity markets. The sensitive index Sensex of Bombay Stock Exchange opened at 9,974, up 71 points from the previous close of 9,719. The fifty-share Nifty too gained 18 points from its previous close of 2985 to go above the psychological 3,000 mark. A day beforeWhile the world markets were closed on the first day of 2009, Indian market gave the investors a reason to rejoice. The market closed at the high point of the day as Sensex shut shop at 9903, up 256 points and Nifty at 3033, up 74 points from the previous close. CNX Midcap index was up 2.11 per cent and BSE Smallcap index was up 3.46 per cent. The market breadth was positive with advances at 1048 against declines of 167 on the NSE. All sectoral indices were in the positive with buying in realty, metal and capital goods space. Retail stocks