The market has opened higher riding high on strong global cues. The Sensex is up 392.57 points or 1.5 percent at 26107.23 and the Nifty is up 127.90 points or 1.6 percent at 7919.75. About 461 shares have advanced, 64 shares declined, and 14 shares are unchanged. ONGC, M&M, Bharti Airtel, Hindalco and Bajaj Auto are top gainers in the Sensex.
Indian Rupee Today
The Indian rupee gained past 66 a dollar in
early trade following rally in global equity markets.
The currency appreciated
by 20 paise to open at 65.94 per dollar against previous day's closing value of
66.14 a dollar.
Sensex falls 318 points to close below 26K
Sensex falls 318 points to close below 26K
Domestic equity markets closed over 1 per cent lower on
Wednesday, giving up gains from the previous session as wary investors shied
away from risky bets on fears that a rate cut in China was not enough to
stabilise its slowing economy or halt a collapse in stocks.
The BSE Sensex and NSE Nifty tanked 317.72 points and 88.85
points at 25,714.66 and 7,791.85, respectively.
Barring the BSE Power index and the BSE Metal index,
which closed up 1.64 per cent and 0.23 per cent, respectively, rest all other
indices on the Bombay Stock Exchange ended in red.
In the 50-share Nifty pack, Tech Mahindra (down 4.07 per cent), Hero
MotoCorp (down 3.83 per cent), Ambuja Cements (down 3.78 per cent), HDFC (down
3.19 per cent) and Bank of Baroda (down 3.09 per cent) remained among the list
of top losers.
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