Market Opens: It is a positive start for the Indian indices with Nifty above 11,500 level.

The Sensex is up 237.73 points at 38,905.06, while Nifty is up 70.30 points at 11,544.80. About 460 shares have advanced, 203 shares declined, and 28 shares are unchanged. 

CONCOR, SCI, Berger Paints, BPCL, Yes Bank, IOC, IndusInd Bank, Hero MotoCorp, Tata Motors, HDFC Bank and Bajaj Finance are among major gainers on the Indices, while losers are DRL, Cipla, Reliance Capital, Ashok Leyland, Vodafone Idea and DHFL. 

Among sectors, except IT and metal all indices are trading higher led by the bank, auto, infra, FMCG, pharma, and energy.

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