Key Indian equity indices open in green
Thursday - July 5, 2018 9:32 am ,
Category : BUSINESS
Key Indian equity indices open in green
Mumbai July 5 (IANS) The key Indian equity market indices on Thursday opened higher despite muted trend of global markets amid trade war leaving financial markets in a state of uncertainty.
The Sensitive Index (Sensex) of the BSE which had closed at 35 645.40 points on Wednesday opened higher at 35 703.17 points.
Minutes into trading it was quoting at 35 647.34 points up by 1.94 points or 0.01 per cent.
At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 10 769.90 points on Wednesday was quoting at 10 767.10 points down by 2.80 points or 0.03 per cent.
Expectation of a healthy rural demand on the back of the government s enhanced farm sector support had buoyed the key Indian equity indices on Wednesday.
Additionally positive economic data on services sector and healthy buying in automobile and banking sector stocks pushed the indices higher despite broadly negative global cues.
The Sensex was up by 266.80 points or 0.75 per cent at the Wednesday s closing. In the day s trade the barometer 30-scrip sensitive index had touched a high of 35 667.31 points and a low of 35 309.67 points. The Nifty too was up by 70 points or 0.65 per cent.
On Thursday Asian indices were showing a negative trend. Japan s Nikkei 225 was quoting in red down by 0.71 per cent while Hang Seng was down by 0.66 per cent South Korea s Kospi was also down by 0.52 per cent. China s Shanghai Composite index was trading in red down by 0.63 per cent.
Overnight FTSE 100 closed in red down by 0.27 per cent on Wednesday.
--IANS bdc/in
The Sensitive Index (Sensex) of the BSE which had closed at 35 645.40 points on Wednesday opened higher at 35 703.17 points.
Minutes into trading it was quoting at 35 647.34 points up by 1.94 points or 0.01 per cent.
At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 10 769.90 points on Wednesday was quoting at 10 767.10 points down by 2.80 points or 0.03 per cent.
Expectation of a healthy rural demand on the back of the government s enhanced farm sector support had buoyed the key Indian equity indices on Wednesday.
Additionally positive economic data on services sector and healthy buying in automobile and banking sector stocks pushed the indices higher despite broadly negative global cues.
The Sensex was up by 266.80 points or 0.75 per cent at the Wednesday s closing. In the day s trade the barometer 30-scrip sensitive index had touched a high of 35 667.31 points and a low of 35 309.67 points. The Nifty too was up by 70 points or 0.65 per cent.
On Thursday Asian indices were showing a negative trend. Japan s Nikkei 225 was quoting in red down by 0.71 per cent while Hang Seng was down by 0.66 per cent South Korea s Kospi was also down by 0.52 per cent. China s Shanghai Composite index was trading in red down by 0.63 per cent.
Overnight FTSE 100 closed in red down by 0.27 per cent on Wednesday.
--IANS bdc/in
