Indian share markets have started the week higher tracking Asian markets. At 10:15 am, the BSE Sensex was trading at 30,055.90, up 137.50 points, while the NSE Nifty was ruling at 9,347.50, up 43.45 points. The BSE Mid-cap gained 0.3% and the BSE Small-cap gained 0.6%.
Maruti Suzuki Ltd crossed fresh record high after gaining 3% after the company posted a 19.5% rise in total sales at 1,51,215 units in April, versus 1,26,569 units in the same month last year. Maruti stock was the lead Sensex gainer. Tata Motors fell 1% to Rs 451 after the company reported a 21% decline in its total sales, of passenger and commercial vehicles through April 2017.
All sectoral indices opened the day positive note with stocks from metal sector and realty sector topping the gains. The rupee is trading at 64.22 to the US Dollar.
US interest rate futures were little modified today ahead of a Fed Reserve policy meet, with traders broadly expecting the RBI to leave rates unchanged. The Federal Open Market Committee will convene on today and tomorrow.
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