The benchmark indices were trading higher in early trade, Wednesday on positive global cues. At 10.15 am, the BSE Sensex, was up 56.61 points or 0.19% at 29,466.13. The Nifty-50 index was up 18.45 points or 0.20% at 9,119.25. The strong inflow from foreign institutional investors (FPI) in Indian equities yesterday, 28 March 2017, boosted investors' sentiment. The FPIs bought equities worth Rs 6,415 crore, while domestic institutional investors were net buyers to the tune of Rs 356 crore. In the broader market, the S&P BSE Midcap gained 0.3%, while the S&P BSE Smallcap added 0.4%. The market tone was positive as about 1205 shares advanced against 798 declining shares on the BSE.
Meanwhile, rupee appreciated above 65-mark against US dollar. Dollar bounces from four-month low as Federal Reserve Vice Chairman Stanley Fischer said two more rate increases this year seem to be right. On the economic front, the government has listed the GST Bills for discussion and passage in the Lok Sabha today, 29 March 2017.
No comments:
Post a Comment