Top

Key Indian equity market indices open higher; Nifty goes up by 0.26%

Arnima Dwivedi

Arnima DwivediBy Arnima Dwivedi

Published on 12 Oct 2017 3:30 AM GMT

Key Indian equity market indices open higher; Nifty goes up by 0.26%
X
Global cues, selling pressure pull equity indices lower
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print
  • Facebook
  • Twitter
  • Whatsapp
  • Telegram
  • Linkedin
  • Print

Mumbai: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher.

The Sensitive Index (Sensex) of the BSE, which had closed at 31,833.99 points on Wednesday, opened higher at 31,887.47 points.

Minutes into trading, it was quoting at 31,919.78 points, up by 85.79 points, or 0.27 per cent.

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 9,984.80 points, was quoting at 10,011.20 points, up by 26.40 points or 0.26 per cent.

Also Read: Apple joins hands with Rahman to set up 2 music labs in India

Breaking a three-day gaining streak, key Indian equity indices closed on a lower note on Wednesday as investors booked profits ahead of the release of important macro-data as well as quarterly earnings results of corporates, according to market observers.

Besides, heavy selling pressure in metal, banking and automobile stocks, along with outflow of foreign funds, kept investors' sentiments subdued.

The Sensex was down by 90.42 points or 0.28 per cent at the Wednesday's closing. In the day's trade, the barometer 30-scrip sensitive index had touched a high of 32,098.46 points and a low of 31,769.40 points.

The Nifty too was down by 32.15 points or 0.32 per cent.

You may also Read: Lava launches 12.5-inch Helium 12 notebook, check specifications

On Thursday, Asian indices were mostly showing a positive trend. Japan's Nikkei 225 was trading in green, up by 0.50 per cent, Hang Seng up by 0.20 per cent while South Korea's Kospi was also up by 0.35 per cent. China's Shanghai Composite index was quoting in red, down by 0.18 per cent.

Nasdaq closed in green, up by 0.25 per cent while FTSE 100 was down by 0.06 per cent at the closing on Wednesday.

--IANS

Arnima Dwivedi

Arnima Dwivedi

A journalist, presently working as a sub-editor with newstrack.com. I love exploring new genres of humans and humanity.

Next Story