Indian equities open higher after Tuesday’s losses

By IANS,

Mumbai : Indian equities opened higher Wednesday on the back of the gains made across other Asian markets and strong closing in the US after sustaining losses the previous day.


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The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) opened the day at 17,486.69 points, over the previous day’s close at 17,486.06 points and soon moved higher to 17,590.59 points.

After some 90 minutes into trading, the key index was ruling at 17,549.40 points, with a gain of 63.34 points, or 0.36 percent, over the previous day’s close.

Nineteen out of the 30 stocks that make up the Sensex were ruling in the green, while 11 were trading lower, data available with the exchange showed. Similarly, out of the 13 sector-specific indices, only two – those for oil and gas, and state-run firms – were in the red.

At the National Stock Exchange (NSE), the S&P CNX Nifty was ruling at 5,239.40 points, against the previous close at 5,225.65 points, with a gain of 13.75 points, or 0.26 percent.

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