Sensex weak, buying in broader markets


Mumbai : Indian equities markets Thursday saw some buying after sell-off in the previous session with a key index ruling 0.47 percent higher amid weak cues from major global bourses.

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The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 17,382.09 points, was ruling at 17,462.06 points, 81.88 points or 0.47 percent higher than its previous close at 17,380.08 points.

At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling at 5,243.15 points, a gain of 0.53 percent from its previous close at 5,215.45 points.

Broader market indices were also in the positive with the BSE midcap index ruling 0.85 percent higher and the BSE smallcap index trading 1.26 percent up.

The market breadth was positive with as many as 1,911 scrips advancing compared to 915 stocks declining, while 97 remained unchanged.

Fears of a sovereign debt default by Greece and Portugal continued to plague Asian markets.

The South Korean Kospi closed 0.32 percent down at 1,728.42 points, while Hong Kong’s Hang Seng ended 0.81 percent lower at 20,778.92 points,

The Chinese Shanghai composite index was down 1.1 percent at 2,868.43 points.

Japanese markets were closed Thursday.

European markets were ruling in the green after a weak start.

The FTSE 100, the benchmark index of the London Stock Exchange, were at 5,618.13 points, up 0.56 percent, while its German peer, DAX, was trading 0.37 percent higher at 6,106.72 points.

The French CAC 40 index was also up at 3,811.51 points, up 0.65 percent.