Markets Open Higher As Talks Over Greece Debt Continue

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Indian markets opened the day higher even as cautious optimism prevailed as Eurozone leaders continued talks through the night over a debt solution for Greece.

Markets Open Higher As Talks Over Greece Debt Continue
Indices
Sensex28,668.22Sensex Quote-104.91 [0.36%]
Nifty8,831.55Nifty Quote-35.90 [0.40%]
The Sensex was trading higher by 77 points, while the Nifty was higher by 21 points in early trade. Leading the set of gainers once again were pharma companies like Sun Pharma and Lupin. In fact, Sun Pharma rose for the second successive day on sustained buying by institutions.

Cairn India was the top Nifty gainer up 2.5 per cent in trade. Tech stocks were also seeing some traction in trade with Infosys, TCS and HCL Tech among the early gainers.

Banking stocks were not seeing much traction with most of the banking stocks trading flat. The bankex was up by just 2 points. IndusInd Bank was having a good run and was up one per cent.

PSU Banking stocks saw some traction with stocks like Punjab National Bank and Bank of Baroda among the gainers in trade.

Meanwhile, markets across Asia were trading higher with the Japanese Nikkei, the Shanghai Composite and the Hong Kong's Hang Sang all up in trade.

Markets were waiting news from the eurozone meeting for the outcome of the Greece debt talks.

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