With strong cues from the US and the Japanese markets, markets got a strong boost in the initial trades.

Sensex was up 270.43 points.

At present, Petron Engineering Construction trades at Rs.69, which is higher from its earlier ending of Rs.68.45 on the Sensex.

The Income Tax Department has begun its self-governing survey of the Rs.7, 800-crore corporate scam in Satyam with spotlight on tax subtracted at source and benami contracts.

Glenmark Pharmaceuticals presently trades at Rs.196.60, lower by 6.20 points from its earlier ending of Rs.202.80 on the Sensex.

Markets were back with their 9,000 mark today closing nearly 4% high on stable buying after Reserve Bank of India cut down on their inflation estimate to 7% from earlier 7.5-8%.

Future Group’s home segment’s sales figures have gone up this month after going through a tough phase in the last few months, according to a report.

Satyam board held a meeting today in Hyderabad, and is likely to have discussions regarding a planned partner to guide the company onward among other issues facing the company since the Rs.7,800 crore scam came to light.

At present, Oracle Financial Services Software trades at Rs.592, high by 102.45 points or 20.93% from its earlier ending of Rs.489.55 on the Sensex.

Wipro presently trades at Rs.226, which is high by 12.15 points from its earlier ending of Rs.213.85 on the Sensex.