Nifty Tops 15100 Levels; PSU Bank Pack Outlier In Trade
Indian indices tracking strength in Asian equities opened higher after yesterday's big gains in extended trading session. At the start, Nifty was up to 15075, while Sensex gained 425 pts to 51200.
Banking pack will again be in focus together after massive gains yesterday of 5% on the HDFC Bank counter. Also PSUs will be in focus after government's divestment push.
Nureca shares will also be in focus as the company would make its stock market debut.
Dredging Corporation of India Ltd. Entered into a MoU with Cochin Shipyard for building first ever trailing suction hopper dredger in Indian Shipyard for the first time in Republic India.
Meanwhile, at the time of writing this copy, Asian indices gained in trade following ebbing of fears around inflation by US policymakers. Japan's Nikkei was up almost 1.6 percent.
Oil prices also surged to their highest in 3 months to $67 per barrel as there was a drag i in US crude output.
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