Key Indian equity indices open in green
Friday - June 1, 2018 9:32 am ,
Category : BUSINESS
Key Indian equity indices open in green
Mumbai June 1 (IANS) The key Indian equity market indices on Friday opened higher after the official data showed that India s GDP for the March quarter grew at 7.7 per cent while for the full financial year 2017-18 it touched 6.7 per cent.
The Sensitive Index (Sensex) of the BSE which had closed at 35 322.38 points on Thursday opened higher at 35 373.98 points.
Minutes into trading it was quoting at 35 338.33 points up by 15.95 points or 0.05 per cent.
At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 10 736.15 points was quoting at 10 735.65 points down by 0.50 points.
The two key indices of the Indian equity market had gained more than a per cent each on Thursday as hopes of healthy gross domestic product (GDP) growth rate and predictions of a normal southwest monsoon enhanced investors risk-taking appetite.
Besides May F&O derivative expiry along with a decline in global crude oil prices aided the northward trajectory.
According to market analysts the two indices surged after healthy buying was witnessed during the fag end of the day s trade session.
The Sensex was up by 416.27 points or 1.19 per cent at the Thursday s closing. In the day s trade the barometer 30-scrip sensitive index had touched a high of 35 416.03 points and a low of 34 926.08 points. The Nifty too was up by 121.80 points or 1.15 per cent.
On Friday Asian indices were mostly showing a mixed trend. Japan s Nikkei 225 was quoting in green up by 0.32 per cent; while Hang Seng was down by 0.06 per cent; South Korea s Kospi was also up by 0.75 per cent and China s Shanghai Composite index was trading in red down by 0.45 per cent.
Nasdaq closed in red down by 0.27 per cent while FTSE 100 was also down by 0.15 per cent at the closing on Thursday.
--IANS bdc/in
The Sensitive Index (Sensex) of the BSE which had closed at 35 322.38 points on Thursday opened higher at 35 373.98 points.
Minutes into trading it was quoting at 35 338.33 points up by 15.95 points or 0.05 per cent.
At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 10 736.15 points was quoting at 10 735.65 points down by 0.50 points.
The two key indices of the Indian equity market had gained more than a per cent each on Thursday as hopes of healthy gross domestic product (GDP) growth rate and predictions of a normal southwest monsoon enhanced investors risk-taking appetite.
Besides May F&O derivative expiry along with a decline in global crude oil prices aided the northward trajectory.
According to market analysts the two indices surged after healthy buying was witnessed during the fag end of the day s trade session.
The Sensex was up by 416.27 points or 1.19 per cent at the Thursday s closing. In the day s trade the barometer 30-scrip sensitive index had touched a high of 35 416.03 points and a low of 34 926.08 points. The Nifty too was up by 121.80 points or 1.15 per cent.
On Friday Asian indices were mostly showing a mixed trend. Japan s Nikkei 225 was quoting in green up by 0.32 per cent; while Hang Seng was down by 0.06 per cent; South Korea s Kospi was also up by 0.75 per cent and China s Shanghai Composite index was trading in red down by 0.45 per cent.
Nasdaq closed in red down by 0.27 per cent while FTSE 100 was also down by 0.15 per cent at the closing on Thursday.
--IANS bdc/in
