MARKET REBOUND ON FIRM GLOBLE CUES; SENSEX ABOVE 200 POINT

• The markets have opened higher this morning on the back of stability across the global bourses. Broad based buying is evident in todays trade led by banks.
• the Sensex is up 250 points at 27,159 and the Nifty has climbed 80 points to trade at 8,182.
• Shares of Hero Motocorp are trading lower by 0.5% as the strike by transporters in Haryana hit half of the company's despataches from Gurgaon and Dharuhera plants.  It is the only stock trading in the negative terrain. 
• On the flip side, Coal India emerged as the top gainer up 2.6% after Coal India workers called off their strike late Wednesday night. Hindalco, Sesa Sterlite and Tata Steel are trading higher by over 1% each.
• The technology pack is trading firm with Infosys up 1% ahead of the Quarterly results due tomorrow. Wipro has gained 1.5% won a $400 million, multi-year IT infrastructure management contract from Swiss engineering giant ABB, making it the largest deal for the technology company since the $1.2-billion contract it received from Canadian utility ATCO last July. TCS is up 0.9%.
• Financials are trading strong across the exchange. SBI, ICICI Bank, Axis Bank, HDFC twins are up between 0.5-1.5%.
• Cigarette maker has bounced back from yesterday’s low and is up nearly 1%. On the other side, HUL extends its rally and is up 0.5%.
• Tata Motors, GAIL, BHEL and Tata Power are some of the notable gainers and are up between 1.2-2%.