1/10/2017

Sensex opens over 120 points higher, Nifty above 8250

Elite Investment Advisory
Indian share markets  on Tuesday have opened the trading day slightly higher tracking Asian peers. At 10.20 am, the BSE Sensex was trading higher by 120.53 points (+0.45%) at 26,847 while the NSE Nifty was trading higher by 36.10 points or 0.44% at 8,272. Both BSE Mid Cap index and BSE Small Cap index have opened the day up by 0.46% and 0.60 percent respectively. The rupee is trading at 68.19 to the US dollar. All sectoral indices have opened the day in higher note with PSU, Auto and oil & gas stocks seeing maximum buying interest. 

Meanwhile, Oil prices on 9 January, posted their biggest one-day loss in 6 weeks in the midst of fears that record Iraqi crude exports in December and growing US output would undercut OPEC's efforts to restrain a international supply glut. 

On Monday, foreign portfolio investors (FPIs) sold shares worth a net Rs 325.10 crore, while Domestic institutional investors (DIIs) bought shares worth a net Rs 99.82 crore, provisional data available with BSE showed.

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