Indian share markets opened the first trading week of 2021 on positive momentum, clocking new record highs in trade. At around 9.30 am the BSE Sensex opened 231 points higher at 48,100 while the NSE Nifty 50 index stood at 14099, up by 81 points.

 Among early gainers include Tata Motors, Gail India, Tata Steel, Eicher Motors and ONGC Eicher Motors, while losers are  heavyweight Reliance Industries, HeroMoto Cop and Asian paints

Meanwhile, Asian markets which continue their trading in 2021 are seeing mixed trade with the Japanese Nikkei retreated from a thirty-year high and was last trading weak by 0.36 percent

Among the sectoral indices, the Nifty Media and the PSU Bank index have opened with gains of over 1 percent while the Metal index has gained 1 percent. The Nifty Bank and Nifty Auto index has gained 0.8 percent at the start of trade while the I.T. index is up 0.6 percent.

Broader markets too have opened higher. The Nifty Midcap index is up 0.8 percent while the Smallcap index gained a similar quantum at the start of trade.

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