The market continues to surge as the Sensex is up 207.54 points at 29012.64. The Nifty is up 67.75 points at 8779.30. About 1391 shares have advanced, 1209 shares declined, and 200 shares are unchanged. SBI, M&M, TCS, Sun Pharma and Wipro are top gainers in the Sensex. Among the losers are BHEL, GAIL, ONGC, HDFC Bank and Infosys.

Japan’s Nikkei share average fell on Friday, retreating from a 7.5-year closing high the previous day as investors took profits from gainers such as Fanuc Corp, but buying in cyclical stocks exposed to consumer demand limited the losses.

A ceasefire agreement between Russia and Ukraine also eased tensions in the market. The Nikkei shed 0.4 percent to 17,913.36, retreating from 17,979.72 marked on Thursday, the highest closing level since July 2007. For the week, the Nikkei gained 1.5 percent.

Bank Nifty is up over 150 points led by State Bank of Bank. The PSU is up 6 percent after it announced December quarter earnings. Its Q3 profit rose 30.3 percent year-on-year to Rs 2910 crore. Profit was impacted by higher provisions but was supported by other income.

Coustery : http://www.moneycontrol.com/news/local-markets/sensex-reclaims-29000-bank-nifty-surges-autopharma-up_1301863.html