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Sensex Opens Higher Ignoring Greece Worries; Tech Stocks Gain

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Benchmark indices opened the day higher led by gains in tech stocks including Infosys, TCS, Tech Mahindra and Wipro.

 

Sensex Opens Higher Ignoring Greece Worries; Tech Stocks Gain
Indices
The Sensex was trading with gains of 80 points, while the Nifty gained 25 points in trade. Banking stocks also were also seeing some traction in trade with HDFC Bank, State Bank of India and Punjab National Bank among the early gainers.

Shares in Tech Mahindra rose after the company signed a multi million dollar deal.

TCS was trading higher ahead of its results to be declared on July 9. The mid cap index also saw buying interest with notable gainers being Dewan Housing Finance, Bata and Jindal Steel.

Sun TV Network which rallied initially on hopes of getting its broadcast license renewed dropped and was down 1 per cent.

Lupin which saw good buying interest throughout the last week was trading with losses. In fact, it was the top loser from the Nifty.

Meanwhile, worries in Greece continued to weigh markets in Asia down. The Seoul Composite and the Hong Kong's Hang Sang were down one per cent each, while the Shanghai Composite was lower by 3 per cent.

Goodreturns.in

Story first published: Tuesday, July 7, 2015, 9:39 [IST]
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