Equity markets in the green in early trade

August 11th, 2008 - 12:11 pm ICT by IANS  

A file-photo of Sensex

Mumbai, Aug 11 (IANS) Indian equity markets, which opened higher Monday following firm global cues and fall in crude oil prices, were in the green in early trade. The 30-share benchmark index of the Bombay Stock Exchange (BSE), the Sensex, opened with a gain of 262.49 points at 15,430.31. Ten minutes into trade, it was at 15,433.13 with a gain of 265.31 points or 1.75 percent from its closing figure last Friday.

At the same time the S&P CNX Nifty index of the National Stock Exchange was trading at 4,599.95 with a gain of 70.45 points or 1.56 percent from its previous close.

The market breadth was positive. On BSE, 865 shares advanced, 96 declined and 13 remained unchanged.

State Bank of India, Jaiprakash Associate and ICICI Bank were among the gainers in initial trade.

Other Asian markets were also trading higher.

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