The domestic stock markets rallied on Tuesday with the Sensex reaching the 36,000 mark and the Nifty hitting 10,900. At 9:30 am, the S&P BSE Sensex traded at 36,112.62, with a gain of 177.90 points or 0.50 per cent while the broader Nifty50 was at 10,900.65 level, up 47.75 points or 0.44 per cent.Thirty six out of 50 Nifty stocks traded in the green. HCL Tech (up 1.92 per cent), ONGC (up 1.43 per cent), Adani Ports (up 1.28 per cent), Hindalco (up 1.28 per cent), and Reliance Industries (up 1.01 per cent) led the gains in the Nifty pack.
“If bulls manage to surpass 10,880 level and close above, then only we may see the further escalation towards 11,000 mark. Intermediate support placed near 10,700,” said Dyaneshwar Padwal AVP Technical Analysis, KIFS TradeCapital.