The markets welcomed the Government's securing confidence vote in the Parliament with a huge rally..All the sectoral indices ended in green and the market breadth was might impressive. As was sated by the FM that the Government will try to take the reform process forward and will reach out to parties to build majority to pass pending economic legislation. This might lead to easing FDI in Banks and the Insurance sector and disinvestment in profit making public sector companies.Not only that but falling Crude Oil prices and strong global cues helped the markets.Crude Oil Prices ended sub 125 dollars even though Oil inventories fall by larger than expected amount but gasoline stockpiles rise.If the Oil prices continue to ease and the econ mic reform process resumes , markets may gain momentum.But one should not forget that the fundamentals are still against Indian in terms of high interest rates , high inflation and global slowdown.And as a matter of fact,fundamentals don't change overnight.They need time and timely reforms to change.For the record , the Sensex catapulted 838.08 points or 5.94% at 14,942.28 whereas the Nifty jumped 236.70 points or 5.58% at 4476.80.Meanwhile in the US , stocks ended in green on declining Crude oil prices and better than expected earnings from some big companies like McDonald's, Pepsi Co, Pfizer etc.Also there was speculation that the House would pass a bill that would support the struggling housing market. The Dow Jones gained 0.3% whereas the tech heavy NASDAQ jumped nearly1% and the S&P 500 index ended 0.4% higher.Asian Markets are trading mixed at the moment. Expect a momentum based gap up opening in the early morning trade.

It is another day of great gains for the Indian Markets. This was the fourth straight day of gains on expectations that the Government will will win the trust vote comprehensively. Although it was quite volatile and choppy in the afternoon trade , the markets ended with smart gains.The belief that more economic reforms will follow with the Left being out of the picture and also the N Deal belief beneficial to several Indian Companies lifted the sentiment.For the record , the Sensex advanced 254.16 points or 1.84% at 14,104.20 whereas the broader based Nifty advanced 80.6 points or 1.94% at 4240.10.Meanwhile in the US , the markets were in the red for most of the day but edged higher in late trade on account of falling Crude Oil prices even though the sentiment is soured over bad financial reports.The Dow Jones ended up 1.2% whereas the S&P 500 index jumped 1.4% and the tech heavy NASDAQ gained almost 1.1% higher.Asian Markets are trading mostly in green.Expect a Huge Gap up opening on the Indian bourses as the Government wins the Trust Vote.