Sensex opens 178 points higher on firm global cues, Nifty above 7,850; Vedanta up 2.6%-- 15 Sep 2015

The BSE Sensex and NSE Nifty opened on a positive note on Wednesday tracking firm global cues. Sensex opened 178.12 points up at 25,884.05. Nifty opened 57.75 points up at 7886.85.

                                       

Sensex was up 145 points at 25,851. Barring the Capital Goods index (down 0.29 per cent) and Consumer Durables index (down 0.07 per cent) in the BSE sectoral indices, rest all other indices were trading in green. The Metal index and Realty index were up 0.90 per cent and 0.80 per cent, respectively.Domestic equity markets opened on a positive note on Wednesday tracking firm global cues. Sensex opened 178.12 points up at 25,884.05. Nifty opened 57.75 points up at 7886.85.

Vedanta and Cairn India received no objection from the BSE and the NSE for the proposed merger of Cairn India with Vedanta, both the companies announced after market hours on Tuesday. Cairn India and Vedana were trading 1.14 per cent and 3.04 per cent higher at Rs 146.65 and Rs 99.85, respectively, on BSE.

The stock markets will remain closed on Thursday, September 17, on account of Ganesh Chaturthi.

Sensex and Nifty fell 0.58 per cent and 0.55 per cent at 25,705.93 and 7829.10 on Tuesday. The FIIs as per Tuesday’s data were net buyers in equity while they were net sellers in debt segment, according to data released by the NSDL. In equity segment, the gross buying was of Rs 2,647.93 crore against gross sell of Rs 2,511.80 crore. Thus, FIIs stood as net buyers of Rs 136.13 crore in equities. In the debt segment, the gross purchase was of Rs 603.28 crore with gross sales of Rs 719.78 crore. Thus, FIIs stood as net sellers of Rs 116.50 crore in debt.

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