Sensex Opens Higher As Asian Markets Trade With Gains

Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Benchmark indices opened the day higher as most of Asia was trading with gains, despite lower closings across the US and Europe.

    The Sensex was up 128 points, while the Nifty traded higher by 40 points as select banking stocks saw some gains.

    Check Sensex gainers and losers

    Sensex Opens Higher As Asian Markets Trade With Gains
    Shares in Hindustan Unilever continued to drift lower after results lagged estimates. A host of brokerages have cut their target price on the stock, which was almost 1.2 per cent lower in trade.
     

    TCS, which saw a sharp correction of more than 4 per cent on Wednesday recovered some lost ground and was trading higher.

    MindTree was higher ahead of results to be declared later today. Tata Motors was higher despite the company saying that its numbers will be affected by a blast at the Chinese port of Tianjin in August which destroyed or damaged 5,800 vehicles.

    HDFC Bank was also trading weak after reports that the forex money laundering of Bank of Baroda has also been traced to accounts of HDFC Bank.

    Shares in DCB continued to fal and were lower by almost 10 per cent after Wednesday's 20 per cent fall.

    Metal stocks continued to show a rally with stocks like Vedanta, Tata Steel and Hindalco among the early gainers.

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

    GoodReturns.in

    Read more about: sensex nifty tata motors
    Story first published: Thursday, October 15, 2015, 9:25 [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

    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