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

Quick Links

 

Market News

Today's picks- 22 October 2014

Nifty, Bank Nifty, Cipla & Tata Motors

Groundnut exports jump 38% in first half of FY 15

India exported over 220,000 tonnes of groundnut between April and September 2014

BSE shareholders approve BSE-USE merger

A news release from the BSE said that the BSE and USE will now be filing necessary petitions before the Bombay High Court

Sept steel output drops in major nations; India logs rise

In India steel production grew by 2.5% to 6.8 MT during the month

BSE shareholders approve merger with United Stock Exchange

BSE and USE will now be filing necessary petitions before the Bombay High Court seeking its sanction to the proposed scheme

Back to Top