For Quick Alerts
For Daily Alerts

Sensex, Nifty open higher as Asian cues support

Sensex, Nifty open higher as Asian cues support
After sharp falls witnessed across the board on Thursday, Indian markets recovered some lost ground with the Sensex gaining 73 points in early trade, while the Nifty gained 25 points at 6024 points.

Among the top Nifty gainers in trade were Cairn India, Jaiprakash Associates and Sesa Sterlite. India's largest passenger car maker Maruti continued to rally on sustained buying interest.

Banking stocks which had witnessed large scale selling pressure on Thursday recovered some lost ground. Notable gainers from the space were Yes Bank, Union Bank, Punjab National Bank, ICICI Bank and IndusInd Bank.

Heavyweights, ITC and Reliance also gained marginally in early trade.

Stocks that added pressure on the Nifty were Hero Motor Corp, Sun Pharma and Tata Motors.

Mid cap stocks were also having a good session with stocks like India Cements, Jain Irrigation and Jubilant Foodworks gaining ground. Among the stocks that lost from the mid cap space were Godrej Consumer, Havells and Hindustan Zinc.

Software stocks were trading flat with a slight positive bias in early morning trade. HCL Tech declined marginally while Infosys and TCS gained ground.

Realty stocks saw buying support with the realty index up almost 1 per cent. Notable gainers from the space were Unitech, HDIL and Godrej Properties.

Meanwhile, markets in Asia were trading higher led by gains in the Japanese Nikkei and the Hong Kong's Hang Sang.

Story first published: Friday, November 22, 2013, 9:30 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more