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After severe cut yesterday, the Intraday market has opened higher Thursday on strong macro data. The Sensex is up 204.94 points or 0.7 percent at 27717.20, and the Nifty is up 58.50 points or 0.7 percent at 8407.95. About 654 shares have advanced, 205 shares declined, and 71 shares are unchanged. Bank, realty, automobile stocks are up sharply. Healthcare, oil, FMCG, metal and power stocks too have moved higher.
Bharti Airtel, Cipla, ICICI Bank, Tata Steel and ONGC are top gainers in the Sensex. Among the losers are TCS, ITC and GAIL. The Indian rupee opened marginally higher at 64.72 per dollar against 64.77 Wednesday. Global markets are mixed with the US market seeing a sharp recovery led by rising energy shares. The Nasdaq Composite turned positive, ending mildly higher after earlier falling 1.5 percent.
It's an upbeat start for stocks on the Indian bourses this morning, with investors reacting positively to the data on industrial production and inflation released after trading hours on Wednesday. Asian Intraday markets are trading with a mild positive bias. Nikkei has bounced off two- week lows; the index though is still down more than 1 percent for the week.
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After severe cut yesterday, the Intraday market has opened higher Thursday on strong macro data. The Sensex is up 204.94 points or 0.7 percent at 27717.20, and the Nifty is up 58.50 points or 0.7 percent at 8407.95. About 654 shares have advanced, 205 shares declined, and 71 shares are unchanged. Bank, realty, automobile stocks are up sharply. Healthcare, oil, FMCG, metal and power stocks too have moved higher.
Bharti Airtel, Cipla, ICICI Bank, Tata Steel and ONGC are top gainers in the Sensex. Among the losers are TCS, ITC and GAIL. The Indian rupee opened marginally higher at 64.72 per dollar against 64.77 Wednesday. Global markets are mixed with the US market seeing a sharp recovery led by rising energy shares. The Nasdaq Composite turned positive, ending mildly higher after earlier falling 1.5 percent.
It's an upbeat start for stocks on the Indian bourses this morning, with investors reacting positively to the data on industrial production and inflation released after trading hours on Wednesday. Asian Intraday markets are trading with a mild positive bias. Nikkei has bounced off two- week lows; the index though is still down more than 1 percent for the week.
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