For Quick Alerts
For Daily Alerts

    Sensex, Nifty Open Higher; Eye Economic Survey


    The Sensex and the Nifty opened the day higher following the Railway Budget, which has been largely described as pragmatic.

    However, analysts now eye the Economic Survey to be presented later today for cues before the Union Budget later tomorrow.

    Sensex, Nifty Open Higher; Eye Economic Survey
    The Sensex was trading higher by 145 points, while the Nifty was higher by 44 points in early trade. Leading the set of gainers from the Nifty and the Sensex were some of the PSU banking stocks after reports of appointments of top level positions at some of these banks.

    Bank of Baroda was trading higher by 1.5 per cent, while Punjab national bank was higher by 2 per cent. Other notable gainers in trade were Bank of India and ICICI Bank from the banking space.

    HDFC continued to rally once again in trade and the stock hit a 52-week low and was up another one per cent in eraly trade. Jindal Steel was clearly the top winner with a huge gain of 5 per cent, followed by Tata Power.

    Among the Nifty stocks that were soft included names like DLF, IndusInd Bank and ITC. Railway stocks saw some recovery in trade with Titagorh Wagons and Kalindee Rail Nirman being among the gainers.

    Meanwhile, markets across Asia were having a quiet session in trade with the Hong Kong's Hang Sang and the Strait Times among the early winners.

    Read more about: sensex nifty
    Story first published: Friday, February 27, 2015, 9:32 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    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