Nifty scales
past 10,700 in opening, Sensex soars 400 points; Infy up 3%
Market opens It is a strong start to the market on
Wednesday morning on the back of strong global cues. The Nifty has opened above
10,700-mark, while the Sensex is trading higher by over 400 points.
There’s buying
across all sectors, with maximum gains visible among banks, IT, and
automobiles, among others. In the broader markets, the Nifty Midcap index is
trading higher by over a percent as well.
Infosys’ shares
have risen 3 percent on the back of good results and an order book as
well.
Other top gainers include Yes Bank and Eicher Motors. Among top losers are ONGC and BPCL.
The Indian rupee opened at a two-week
high of 73.41 per dollar on Wednesday versus previous close 73.46.
Stocks in the News:
RIL, Infosys, Mahindra CIE, CRISIL, NHPC, Hero, Shakti Pumps, IIFL
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