By IANS
Mumbai : Indian capital markets opened on a robust note Thursday in tune with global peers. There was buying across all sectors.
Just after the opening bell, the benchmark sensitive index (Sensex) of the Bombay Stock Exchange (BSE) went sharply up to 19,297.10, a rise of 358.23 points over Wednesday’s close of 18,938.87 points.
The broader S&P CNX Nifty of the National Stock Exchange (NSE) also jumped by 77.50 points to 5,695.05.
The rupee appreciated by nearly eight paise against the US dollar. It was quoted at 39.7250/7300 a dollar in morning deals.
The broader indices continued to outperform the benchmark index. The BSE mid-cap index moved up by 53.94 points or 0.64 percent at 8,437.43. The BSE small-cap index also progressed 64.62 points or 1.20 percent at 10,439.92.
Foreign institutional investors (FIIs) have pulled out funds to the tune of $43 million in equity as per numbers provided by the watchdog till now, while domestic institutional investors continued to be net buyers.
Asian markets were trading firm. Hong Kong’s Hang Seng surged 3.32 percent or 908.71 points to 28,279.95, Japan’s Nikkei rose 2.38 percent or 361.02 points to 15,514.80, Taiwan’s Taiwan Weighted gained two percent or 165.88 points to 8,442.14, Singapore’s Straits Times advanced 2.51 percent or 84.62 points to 3,454.34 and South Korea’s Seoul Composite was up 2.59 percent or 47.45 points at 1,882.14.
The top gainers on the Sensex were HDFC Bank, which moved up 4.68 percent to Rs.1,683, ICICI Bank advanced 4.59 percent to Rs.1,178.50 and Maruti Suzuki scaled up 2.85 percent to Rs.994.25.
The top losers on the Sensex were Bharti Airtel, down by 0.77 percent to Rs.903 and Bharat Heavy Electricals that declined 0.52 percent to Rs.2,710.50.