Sensex sees a positive start, Nifty back at 10,900; Zee up 4%
Except for pharmaceuticals, all other sectoral indices are trading in the green.
Equity benchmarks have started the day on a positive note, with the Nifty reclaiming 10,900 in the first few minutes of trade.
The Sensex is up 72.82 points or 0.20% at 36391.15, and the Nifty up 22.90 points or 0.21% at 10909.70. The Market breadth is positive as 289 shares advanced, against a decline of 95 shares, while 30 shares were unchanged.
Except for pharmaceuticals, all other sectoral indices are trading in the green. The Nifty Midcap index is up to one-fifth of a percent.
Vedanta, Yes Bank, and Zee Entertainment, while Sun Pharma, Bharti Airtel, JSW Steel and Dr Reddy’s have lost the most. The Indian rupee opened at 71.06 per dollar on Wednesday versus 71.04 yesterday.Equity benchmarks are trading higher in pre-opening, with the Nifty clinching 10,900-mark.
The Sensex is up 106.97 points or 0.29% at 36425.30, while the Nifty is higher 20.40 points or 0.19% at 10907.20.source- www.moneycontrol.com
The Indian rupee has opened flat 71.06 per US dollar.Asian shares took a breather on Wednesday after rallying the previous day on Chinese stimulus hopes, with investors assessing Brexit options after British lawmakers trounced Prime Minister Theresa May's deal to pull out Britain from the European Union.Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 19 points or 0.17 percent. Nifty futures were trading around 10,924-level on the Singaporean Exchange.
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