Markets open on a higher note, Sensex up 58 points at 37,810
Mumbai (Maharashtra) [India], Mar 14 (ANI): Equity benchmark indices opened higher for the fourth consecutive session on Thursday with media, metal, banking and realty stocks trading in the positive territory.
ANI
Mar 14, 2019 11:18 IST
Mumbai (Maharashtra) [India], Mar 14 (ANI): Equity benchmark indices opened higher for the fourth consecutive session on Thursday with media, metal, banking and realty stocks trading in the positive territory.
However, IT, FMCG and auto scrips were in the red.
At 11:00 am, the BSE S&P Sensex was up 58 points to 36,810 while the NSE Nifty 50 was up 9 points at 11,350.
The most active stocks on National Stock Exchange were Jubilant Foodworks, Reliance Industries, Yes Bank, HDFC Bank and Lupin.
Indiabulls Housing Finance, HDFC Bank and Yes Bank traded higher in the morning session while Hindustan Petroleum, Bharat Petroleum, Tata Motors and Adani Ports slipped marginally.
Meanwhile, Asian shares remained virtually static as investors reacted cautiously to the mixed data from China.
Chinese shares dropped after reports said the country’s industrial output expanded at the slowest pace in 17 years. But retail sales and fixed asset investment grew.
The status of US-China trade talks also disappointed market experts after President Donald Trump said he was in no rush to complete the trade deal on tariff issues.
Investors have also been keeping a watch after the British Parliament voted to reject a deal for the country to exit from European Union. The move plunges the Brexit process into chaos, just about two weeks before Britain is due to leave the bloc.
(ANI)
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