Key Indian equity market indices open higher

Mumbai Nov 2 (IANS) The key Indian equity market indices on Thursday opened higher after it had scaled record highs.

The Sensitive Index (Sensex) of the BSE which had closed at 33 600.27 points on Wednesday opened higher at 33 615.84 points.

Minutes into trading it was quoting at 33 620.62 points up by 20.35 points or 0.06 per cent.

At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 10 440.50 points was quoting at 10 443.20 points up by 2.70 points or 0.03 per cent.

Key Indian equity indices on Wednesday scaled record highs yet again as positive global cues coupled with a strong rupee and robust buying activities in banking metals and FMCG stocks gave a boost to investor sentiments.

According to market observers expectations of upbeat quarterly results as well as the latest report that India for the first time has moved into the top 100 in the World Bank s Ease of Doing Business global rankings riding on sustained government reforms added to the upward trajectory of the indices.

The Sensex was up by 387.14 points or 1.17 per cent at the Wednesday s closing.

In the day s trade the barometer 30-scrip sensitive index had touched a high of 33 651.52 points and a low of 33 340.62 points. The Nifty too was up by 105.20 points or 1.02 per cent.

On Thursday Asian indices were mostly showing a mixed trend.

Japan s Nikkei 225 was trading in green up by 0.26 per cent Hong Kong s Hang Seng was down by 0.09 per cent while South Korea s Kospi was down by 0.34 per cent.

China s Shanghai Composite index was also quoting in red down by 0.53 per cent.

Nasdaq closed in red down by 0.17 per cent while FTSE 100 was also down by 0.07 per cent at the closing on Wednesday.

--IANS
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