Sensex, Nifty Open Higher On Strong Global Cues

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts

    Benchmark indices opened the day strong in trade on the back of solid global cues. The Sensex was trading higher by 88 points, while the Nifty was up 23 points in trade.

    Sensex, Nifty Open Higher On Strong Global Cues
    Leading the set of gainers from the Nifty was banking stocks including the likes of Indusind Bank, Yes Bank and State Bank of India.

    Metal stocks were once again weak in trade with Hindalco and Tata Steel among the gainers. Losers from the Nifty included stocks like Cipla, Gail, Dr Reddy's and Coal India.

    Shares in Nitesh Estates jumped 7 per cent after reports that Goldman Sachs would be jointly investing in the real estate business.

    Gulf Oil was trading higher after reports that Promoter Hinduja Power had increased stake in Gulf Oil, through a 5 percent block deal.

    IT stocks which saw some selling pressure on Thursday recovered lost ground in trade. Midcap stocks also saw some buying interest with Britannia and Amar Raja Industries among the gainers in trade. Cadilla Healthcare and Eicher motors were also among the gainers.

    Meanwhile, markets across Asia were trading with gains including the Japanese Nikkei and the Shanghai Composite.

    Read more about: sensex nifty
    Story first published: Friday, May 15, 2015, 9:48 [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

    Get Latest News alerts from Goodreturns

    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