SPONSORED BY

Auto Segment
Mutual Fund Segment
My Budget
Expert Speak
In Association With
 
Business Standard

Nifty opens above 5,200

Buying visible across the board

Related News

have opened on a strong note on the first day of July F&O series on the back of short covering on hopes that European leaders finalise plans to resolve the debt crisis in the region at the two-day European Summit which ends today. The has opened higher by 270 points at 17,259 and the 50-share has opened above its important resistance of 5,200. The index has advanced 77 points to open at 5,226 levels.

Overnight, the US markets ended lower. The Dow Jones industrial dropped 25 points, to 12,602.  S&P 500 Index shed 3 points to 1,329 and Nasdaq Composite 26 points to 2,849.

Asian markets were trading on a mixed note as European leaders argued over how to ease borrowing strains in Italy and Spain and stop the euro zone debt crisis spreading, with investors fearful of US reaction to the deadlock. The Nikkei and Shanghai composite were trading lower. While, the Hang Seng advanced 370 points to 19,395 levels.

Read more on:   
|
|

Read More

Markets post best gains in 3-months on Fed optimism

The market breadth was firm. Out of 2,933 stocks traded , 1,685 stocks advanced compared to 1,136 declined on BSE

Recommended for you

Quick Links

Market News

Markets upbeat ahead of Budget

On Friday, the benchmark indices rallied about two per cent, amid strong build-up of long positions by traders in the futures & options ...

Sugar mills speed up crushing to advance closure by a month

To reduce operating losses, mills plan to start closure for the season by March 15, arrears mount

Planters seek hike in import duty on rubber to 30%

Cheap imports in recent years have resulted in a massive fall in the prices of rubber in the domestic market

SEBI cancels Sahara's portfolio management licence

The asset management unit of the broader conglomerate is found to not having complied with the 'fit and proper' norms

Sensex up nearly 500 points on Eco Survey, Budget hopes

Investors will keenly await for the Union Budget due to be tabled tomorrow in the Parliament

 

Back to Top