Indian share markets have opened the day with the positive bias. At 10:10 am, the BSE Sensex was trading at 29,523, up 4.35 points, while the broader Nifty50 was ruling at 9,130, up 3.25 points. The BSE Mid Cap index opened flat while BSE Small Cap index opened down by 0.1%. ITC was up 1%, making them the top gainer, while Dr Reddy Lab was down 2%, shedding the most on the Sensex. Idea Cellular extended losses and dipper over 3% to Rs 93 on the BSE.
Meantime, FPIs on Monday, 20 March 2017, bought equities worth Rs 56.67 crore, while domestic investors turned net sellers and sold equities of Rs 536 crore. D-Mart parent Avenue Supermarts has listed its shares on Exchanges today. The D-Mart IPO, the recent biggest one that hit the market, was subscribed more than 104 times earlier this March.
Overseas, Asian shares edged higher on less hawkish Fed Reserve policy line. The main US stock indexes closed lower yesterday, 20 March 2017 for the third consecutive day of losses.
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