Sunday, 27 December 2015

Sensex, Nifty open higher; ICICI, Reliance lead gainers -- 28 Dec 2015

The Indian rupee opened higher in early trade today. It has gained 11 paise at 66.10 per dollar versus 66.21 Wednesday.

The market has opened higher after a long Christmas weekend, supported by oil & gas, auto, pharma, FMCG and select banks stocks. The 30-share BSE Sensex rose 99.48 points to 25938.19 and the 50-share NSE Nifty climbed 23.90 points to 7884.95. About 1022 shares have advanced, 355 shares declined, and 90 shares are unchanged on the BSE. ICICI Bank, BHEL, Vedanta, GAIL, Tata Motors, Tata Power, Sun Pharma and ONGC were early gainers. Bharti Airtel, TCS, Grasim, Tech Mahindra, Cipla and HDFC Bank declined. The broader markets also gained with the BSE Midcap and Smallcap indices rising 0.2 percent and 0.6 percent, respectively.

The 30-share index was trading at 25,940, up 102 points or 0.40 per cent. It touched a high of 25,942.90 and a low of 25,856.86 in morning trade.

The Nifty50 was at 7,884 up 23 points or 0.30 per cent. It touched a high of 7,888.10 and a low of 7,863.00 in the first 30 minutes of trade.

The S&P BSE Midcap Index was up 0.27 per cent and BSE S&P Smallcap Index was trading 0.54 per cent higher.

ICICI Bank (up 1.5 per cent), GAIL India (up 1.4 per cent), Vedanta (
p 1.03 per cent), Tata Motors (up 0.94%) and NTPC (up 0.93 per cent) were among the major Sensex gainers.

Bharti Airtel (down 0.84 per cent), Tata Steel (down 0.25 per cent), Hindalco Industries (0.12 per cent), and ITC (down 0.06 per cent) were among the major Sensex losers.

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