Sensex open in green, reclaims 37K mark; NIFTY hits 11,100

Mumbai: The Bombay Stock Exchange (BSE) benchmark index of the Indian equities markets on Thursday opened in green ahead of a monetary policy announcement.

The Sensitive Index (Sensex) of the BSE, which had closed at 36,975.23 points on Wednesday, opened higher at 37,026.56 points, up 51.30 points.

At the National Stock Exchange (NSE), the broader Nifty 50, which had closed at 11,062.45 points on Wednesday, was quoting at 11,060.10 points, down by 2.35 points or 0.0.02 per cent. Hours later NIFTY was trading above 11,100 mark.

Manappuram Finance, Jet Airways, Grasim, Zee Entertainment, Tata Motors, Cipla, Sun Pharma are some of the early gainers, while losers are JSW Steel, Vedanta, Tata Steel, Lupin, Cummins, Punj Lloyd, Rel Infra, Adani Power, Bombay Dyeing, Vodafone Idea, JSPL, IDFC, Allahabad Bank.

Indian rupee is trading lower by 10 paise at 71.65 per dollar against previous close 71.55 per dollar.

On Thursday, Asian indices were showing a mixed trend. Japan's Nikkei 225 was quoting in red, down by 0.74 per cent while South Korea's Kospi was up by 0.30 per cent. SGX Nifty was also trading in red, down by 0.21 per cent.

Overnight, Nasdaq closed in red, down by 0.36 per cent while FTSE 100 was also down by 0.06 per cent at the closing on Wednesday.