Markets open in green as Sensex notches up 153 points

Image
ANI New Delhi [India]
Last Updated : Oct 16 2018 | 11:15 AM IST

The market on Tuesday rebounded in the opening trade with BSE Sensex up by 153 points or 0.4 per cent to 35,018 and Nifty Index hovering around 10,554 in the pre-opening trade.

Indian rupee also gained 0.09 paise with a value of 73.92 per dollar.

Majority of the sectors compiled by BSE were trading higher led by the S&P BSE Auto Index's one per cent profit.

The top gainers under Sensex were Asian Paints which was up by 2.61 per cent followed by IndusInd Bank, which gained 2.39 per cent. Adani Ports also notched up by 2.24 per cent.

Under Nifty, the companies which recorded gains were Indiabulls Hsg. Fin and Bajaj Finance, among others. Their shares were up by 2.70 per cent and 2.13 per cent, respectively.

Crude oil prices in the international market also rose to $81.92 barrel after lowering of global growth forecast by International Monetary Fund. The rise in the price of crude oil has also adversely affected the rupee. The price of the crude oil price has risen 30.23 per cent from 66.57 level since January 2018.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 16 2018 | 11:02 AM IST

Next Story