26 C
Friday, February 22, 2019
Home Agency News Key Indian equity market indices open in green

Key Indian equity market indices open in green

Spread the love

Key Indian equity market indices open in green

Mumbai: Despite a muted trend in global markets, the key Indian equity market indices on Thursday opened higher 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.

Minutes into trading, it was quoting at 37,002.97 points, up by 27.74 points, or 0.08 per cent.

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.

As many as 26 stocks advanced in the Nifty 50 index while 24 stocks declined. In the BSE Sensex, eight stocks including Tata Steel, HDFC Bank, were trading in red while 22 were trading in green.

Expectations of rate cut in the Reserve Bank of India (RBI)’s bi-monthly monetary policy outcome due on Thursday, along with some healthy quarterly results, lifted the key equity indices on Wednesday.

The Sensex was up by 358.42 points or 0.98 per cent at the Wednesday’s closing. In the day’s trade, the barometer 30-scrip sensitive index had touched a high of 37,005.25 points and a low of 36,680.88 points. The Nifty, too was up by 128.10 points or 1.17 per cent.

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.

Spread the love

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 www.mangalorean.com or any employee thereof. www.mangalorean.com 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 www.mangalorean.com 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  info@mangalorean.com. Lets work together to keep the comments clean and worthful, thereby make a difference in the community.

Please enter your name here

Members Login