Market Opens: It is a positive start for the Indian indices on the back of firm global cues.

The Sensex is up 147.33 points at 38740.85, while Nifty up 50.80 points at 11491. About 413 shares have advanced, 136 shares declined, and 25 shares are unchanged. 

Maruti Suzuki, ICICI Bank, Eicher Motors, Asian Paints, InterGlobe Aviation, Sterlite Tech, Indiabulls Housing, M&M, Cipla, IOC, ONGC, BPCL, IndusInd Bank, IndusInd Bank are among major gainers on the Indices, while losers are Axis Bank, HCL Tech and Infosys.

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