Key Indian equity market indices open in green

Mumbai April 5 (IANS) Taking a cue from global markets the key Indian equity market indices on Thursday opened higher ahead of the first and an important bi-monthly monetary policy announcement for the new financial year 2018-19 later in the day.

The Sensitive Index (Sensex) of the BSE which had closed at 33 019.07 points on Wednesday opened higher at 33 289.96 points.

Minutes into trading it was quoting at 33 411.74 points up by 392.67 points or 1.19 per cent.

At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 10 128.40 points on Wednesday was quoting at 10 244.15 points up by 115.75 points or 1.14 per cent.

After two consecutive sessions of gains the key indices of the Indian equity markets tumbled on Wednesday after further trade protectionist measures imposed by two major global economies the US and China on each other spooked investors.

The Sensex was down by 351.56 points or 1.05 per cent at the Wednesday s closing. In the day s trade the barometer 30-scrip sensitive index had touched a high of 33 505.53 points and a low of 32 972.56 points. The Nifty too was down by 116.60 points or 1.14 per cent.

On Thursday Asian indices were mostly showing a positive trend. While Japan s Nikkei 225 was trading in green up by 1.73 per cent South Korea s Kospi was also up by 1.43 per cent.

Nasdaq closed in green up by 1.43 per cent while FTSE 100 was also up by 0.05 per cent at the closing on Wednesday.

--IANS
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