It is a optimistic start off for the industry on the very first day of the truncated week with Nifty opened above 11,500 level.

The Sensex is up 288.20 points at 38312.52, though Nifty is up 75.40 points at 11502.30. About 753 shares have sophisticated, 248 shares declined, and 58 shares are unchanged.

Mindtree, IOC, Kotak Mahindra, Bharti Infratel, Axis Bank, Asian Paints, Energy Grid, TCS, M&ampM are amongst main gainers, though losers are Maruti Suzuki, Grasim, Vedanta, NTPC and Wipro

Amongst the sectors, auto, metal and pharma are below stress, though Nifty Bank gained 1 % followed by power, FMCG and Infra.

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