Nifty holds 5450; Cipla, ICICI Bank, JP Associates, BHEL top gainers

The 30-share BSE Sensex added nearly 200 points in today's trade as well led by strong support from heavyweights like ICICI Bank, Reliance Industries, Infosys, BHEL, Bharti Airtel and ITC, which rallied 1-3% at 14:02 hours.

DLF, HDFC Bank, ONGC, Hindalco, HUL, Sterlite, SBI, Cipla, HDFC, L&T, Jaiprakash Associates, Tata Steel, Tata Power and ACC too were quite supportive.

The Nifty rallied 60 points to 5,474 and the Sensex was trading at 18,182, with gaining 194 points. The BSE Midcap and Smallcap indices gained over 0.5%.

However, experts believe that crude oil remains a big concern for Indian market. Alroy Lobo, Chief Strategist & Global Head- Equity Asset Management, Kotak AMC says crude oil prices continue to be a dominant factor affecting market sentiment.