4/11/2017

Nifty over 9200, Sensex opens higher; Infosys up 1%, Elite Investment Advisory

The Benchmark indices opened Tuesday on a flattish note increasing crude oil prices as the investors await the March-quarter earnings results. Domestic exchanges bucked slow trend in most of Asian markets. I.T and realty stocks led gains. 

At 10.10 am, the BSE Sensex was trading at 29,695.74 up 120 points, while the broader Nifty50 was ruling at 9,206.85 up 25.40 points. BSE Midcap and BSE Smallcap gained 0.06% and 0.69%, each. On the BSE, 1161 shares advanced and 422 shares declined and a total of 85 shares were unchanged. Infosys, Tata Motors, ONGC, Maruti and Dr Reddy Lab’s were the top gainers on BSE Sensex, whereas Mahindra & Mahindra , Bajaj Auto, HUL, and Reliance were the top losers in the morning hours. 

Infosys Ltd gained over 1 per cent on the rising rupee sentiment. TCS, Wipro were also doing well in the early morning trade. 

US stocks closed partially higher yesterday, 10 April 2017, despite geopolitical worries while investors were looking ahead to the start of earnings season.

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