For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Sensex Opens Higher On Strong Global Cues

|

Benchmark indices opened the day higher as global markets staged a solid rally led by gains in Reliance Industries and Infosys.

The Sensex was trading with gains of 159 points, while the Nifty gained 49 points in trade at 7560 points.

TCS which reported a disappointing set of quarterly numbers was trading flat at Rs 1317. The shares dipped to an intra day low of Rs 1309, which was also a new 52-week low for the stock. Infosys was trading higher ahead of its results to be declared on Thursday.

Sensex Opens Higher On Strong Global Cues
Coal India was up almost 1 per cent, after reports that the company was making its biggest ever tech overhaul.
 

ONGC was trading higher after crude oil prices stabilized near the $31 per barrel mark. Federal Bank, which reported a poor set of numbers continued to see losses in trade. The stock hit a new 52-week low of Rs 47 on the BSE.

In fact, most banking stocks saw some recovery in trade with IndusInd Bank up more than 1 per cent, while State Bank of India, Bank of Baroda and Punjab National Bank were all trading higher. Mid cap stocks also saw some good buying interest with Reliance Capital and Union Bank leading the gainers in trade.

Meanwhile, most Asian markets saw a good recovery in trade led by the Japanese Nikkei and the Honk Kong's Hang Sang

GoodReturns.in

Read more about: sensex nifty bank of baroda
Story first published: Wednesday, January 13, 2016, 9:33 [IST]
Company Search
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
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