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The key domestic benchmarks trimmed some of their earlier gains but were still trading higher today tracking a strong rally in Asian stock markets which rose as speculation of a Spanish bailout and upbeat US data lifted sentiment, spurring demand for risky assets. Stocks rose after Germany signaled that it is open to the idea of Spain seeking funding from Europe's bailout funds, easing concerns over Europe's debt turmoil. Robust US corporate earnings and a rebound in US industrial production last month signaled a pickup in the world's largest economy, bolstering sentiment. Stock Tips Of The Day - by optiontips.in VOLTAS LTD. Read More on: http://www.kyachadega.com/2012/10/positive-indication-of-sensex-asian.html

Today's news : Asian equities delivered some last-minute Christmas cheer, continuing to rally on the last full trading day of the week before the holiday. Oil prices recovery boosted energy stocks in the areas, with US crude nearly 1 per-cent high in Asia trading following a 4 per-cent rally overnight.

Asian markets are holding consistent with a mellow positive predisposition this morning.Nikkei has skipped up to its largest amount subsequent to late June as the yen drifted close to its weakest level in over three weeks. Gold tumbles to an eight-month low after the dollar list ascends to a seven-week high. The stock market went into a consolidation stage following 2-day rally. The 30-offer BSE Sensex increased 33.25 points at 28479.37 and the Nifty rose 5.80 points to 8613.85. The broader markets, as well, turned unpredictable.

The US Dollar continued to face broad-based selling pressure at the start of the trading week as Asian markets played catch-up to Friday's rally on Wall Street that brought the benchmark S&P 500 index to the highest level since January 22