Key Indian equity market indices open in green

Key Indian equity market indices open in green

Mumbai, Aug 26 (IANS) Taking a cue from global markets, the key Indian equity market indices opened in green on Friday.

The Sensitive Index (Sensex) of the BSE, which had closed at 27,835.91 points on Wednesday, opened higher at 27,882.75 points.

Minutes into trading, it was quoting at 27,911.29 points, up 75.38 points, or 0.27 per cent.

At the National Stock Exchange (NSE), the broader 51-scrip Nify, which had closed at 8,592.20 points, was trading at 8,612.15 points, up 19.95 points or 0.23 per cent.

Asian markets opened in red after most of the markets were on a flattish trend throughout the week as traders were on the sidelines, looking for clues about the US interest rates from Jackson Hole.

Japan’s Nikkei 225 on Friday was trading in red, down by 1.11 per cent while Hang Seng index was up by 0.57 per cent.

Shanghai Composite was in green, up by 0.57 per cent. Overnight, the US stocks and European markets were closed in red.

On Thursday, the Sensex was down 224.03 points or 0.80 per cent at the closing but it touched a high of 28,154.21 points and a low of 27,803.24 points during the intra-day trade.

The Nifty too fell by 58.10 points, or 0.67 per cent. Indian equity markets were subdued on Thursday as volatility was induced by futures and options (F&O) expiry, coupled with negative global cues.

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