Indian equities trade higher after previous profit-booking

Mumbai, Oct 21 (IANS) Key Indian stock market indices opened on a positive note on Wednesday, ahead of the trading holiday the day after, as investors looked for fresh positions after a bout of profit-taking the day before.

Against the previous close at 27,306.83 points, the sensitive index (Sensex) of the Bombay Stock Exchange opened slightly higher at 27,312.35 points. Soon after it started rising steadily and was ruling at 27,390.13 points before noon, with a gain of 83.30 points, ot 0.31 percent.

At the National Stock Exchange, Nifty was ruling at 8,280.25, up 18.60 points or 0.23 percent.

Tuesday saw the two bellwether indices close around 0.30 percent lower on account of caution over the third quarter results of companies, coupled with profit bookings. Some lacklustre trading in Asian and European markets also negatively impacted the Indian indices.

Leave a Reply

Please enter your comment!

The opinions, views, and thoughts expressed by the readers and those providing comments are theirs alone and do not reflect the opinions of or any employee thereof. is not responsible for the accuracy of any of the information supplied by the readers. Responsibility for the content of comments belongs to the commenter alone.  

We request the readers to refrain from posting defamatory, inflammatory comments and not indulge in personal attacks. However, it is obligatory on the part of to provide the IP address and other details of senders of such comments to the concerned authorities upon their request.

Hence we request all our readers to help us to delete comments that do not follow these guidelines by informing us at Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here