Sensex opens higher on firm Asian cues
Tracking a positive trend in fellow Asian stocks, the 30-share Sensex opened higher today and advanced by more than 50 points led by gains in consumer durables and capital goods stocks. Asian stocks rose today after US Federal Reserve Chairman Janet Yellen vowed to continue to support growth in the world’s biggest economy, easing fears that the Fed may raise interest rates immediately after QE ends. China’s Shanghai Composite and Hang Seng rose firmly after China’s exports and imports rose last month, easing fears of a slowdown in the world’s second biggest economy. Chinese exports climbed 0.9 per cent in April 2014 from the same month a year ago, while imports advanced 0.8 per cent. Japan’s Nikkei 225 was trading with impressing gains.
At 9:07AM, the BSE SENSEX was at 22,382.14, up by 58.24 points or by 0.26 per cent and the NSE Nifty was at 6,652.55, down by 62.75 points or by 0.93.
The BSE Sensex touched intraday high of 22,382.14 and intraday low of 22,382.14 The NSE Nifty touched intraday high of 6,718.75 and intraday low of 6,642.9
Meanwhile, the BSE MIDCAP was at 7,381.83, up by 21.75 points or by 0.3 per cent, while the BSE SMLCAP was at 7,544.98, up by 17.99 points or by 0.24 per cent.
On the Sectoral front, Consumer Durables and Capital Goods advanced 0.76 per cent and 0.70 per cent, respectively.
The Market breadth, indicating the overall health of the market, was strong. On BSE out of total shares traded 326, shares advanced were 238 while 74 shares declined and 14 were unchanged.
The top gainers of the BSE Sensex pack were Cipla Ltd. (Rs. 390.50,+2.00%), Housing Development Finance Corporation Ltd. (Rs. 864.70,+1.36%), Larsen & Toubro Ltd. (Rs. 1310.00,+1.09%), NTPC Ltd. (Rs. 116.50,+0.91%), Bajaj Auto Ltd. (Rs. 1888.00,+0.87%), among others.
Tracking a positive trend in fellow Asian stocks, the 30-share Sensex opened higher today and advanced by more than 50 points led by gains in consumer durables and capital goods stocks. Asian stocks rose today after US Federal Reserve Chairman Janet Yellen vowed to continue to support growth in the world’s biggest economy, easing fears that the Fed may raise interest rates immediately after QE ends. China’s Shanghai Composite and Hang Seng rose firmly after China’s exports and imports rose last month, easing fears of a slowdown in the world’s second biggest economy. Chinese exports climbed 0.9 per cent in April 2014 from the same month a year ago, while imports advanced 0.8 per cent. Japan’s Nikkei 225 was trading with impressing gains.
At 9:07AM, the BSE SENSEX was at 22,382.14, up by 58.24 points or by 0.26 per cent and the NSE Nifty was at 6,652.55, down by 62.75 points or by 0.93.
The BSE Sensex touched intraday high of 22,382.14 and intraday low of 22,382.14 The NSE Nifty touched intraday high of 6,718.75 and intraday low of 6,642.9
Meanwhile, the BSE MIDCAP was at 7,381.83, up by 21.75 points or by 0.3 per cent, while the BSE SMLCAP was at 7,544.98, up by 17.99 points or by 0.24 per cent.
On the Sectoral front, Consumer Durables and Capital Goods advanced 0.76 per cent and 0.70 per cent, respectively.
The Market breadth, indicating the overall health of the market, was strong. On BSE out of total shares traded 326, shares advanced were 238 while 74 shares declined and 14 were unchanged.
The top gainers of the BSE Sensex pack were Cipla Ltd. (Rs. 390.50,+2.00%), Housing Development Finance Corporation Ltd. (Rs. 864.70,+1.36%), Larsen & Toubro Ltd. (Rs. 1310.00,+1.09%), NTPC Ltd. (Rs. 116.50,+0.91%), Bajaj Auto Ltd. (Rs. 1888.00,+0.87%), among others.
