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BREAKING NEWS

Key Indian equity market indices open higher

23 Feb 2017

Mumbai Feb 23 (IANS) Taking a cue from positive investments sentiment the key Indian equity market indices opened higher on Thursday.

The Sensitive Index (Sensex) of the BSE which had closed at 28 864.71 points on Wednesday opened higher at 28 927.67 points. Minutes into trading it was quoting at 28 936.78 points up by 72.07 points or 0.25 per cent.

At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 8 926.90 points was quoting at 8 943.75 points up by 16.85 points or 0.19 per cent.

On Wednesday despite a volatile trade session the Indian equities markets closed on a positive note as healthy global cues buoyed investors sentiments. However outflow of foreign funds and caution ahead of crucial economic events capped gains.

Investors were anxious before the release of US Fed s Federal Open Market Committee (FOMC) and the Reserve Bank of India s Monetary Policy Committee s (MPC) minutes as well as derivatives expiry.

The Sensex surged by 103.12 points or 0.36 per cent in Wednesday s closing. In the day s trade the barometer 30-scrip sensitive index had touched a high of 28 963.52 points and a low of 28 789.30 points. The Nifty too was up by 19.05 points or 0.21 per cent.

On Thursday Asian indices were showing a negative trend. Japan s Nikkei 225 was trading in red down 0.24 per cent Hang Seng down by 0.47 per cent while South Korea s Kospi was in red down by 0.03 per cent.

China s Shanghai Composite index was quoting in red slipped by 0.34 per cent.

On a negative note Nasdaq closed in red down by 0.09 per cent while FTSE 100 was up by 0.38 per cent at the closing on Wednesday.

--IANS
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