Indian market is still holding up gains even though Asia is bleeding. Stock markets in China extended their dramatic selloff. The Shanghai Composite index plunged 7 percent intra-day, on the back of news that securities regulators are investigating suspected market manipulation. The Sensex is up 149.01 points or 0.5 percent at 28094.81, and the Nifty is up 35.45 points or 0.4 percent at 8480.35. About 1668 shares have advanced, 1159 shares declined, and 225 shares are unchanged. HDFC twins, BHEL, Lupin and Hero are top gainers in the Sensex. Among losers are Vedanta, Tata Steel, Coal India, Tata Motors and GAIL are among laggards. All eyes are on Greece now. Greeks on July 5 are expected to vote on whether to say “yes” to reforms and a future in the euro zone, or “no” and a potential exit from the eurozone. Be it a yes or no from Greeks this Sunday global markets will continue to remain volatile for the near-term is the word coming in from Nick Parsons of National Australia Bank. A yes-vote does not mean Greece will get a new bailout package immediately and a no-vote does not necessarily mean Greece will exit eurozone, says Parsons.

Source: http://www.moneycontrol.com/news/local-markets/sensexnifty-hold-gains-asia-crashes-7-metals-down_1777641.html