Indian equities in positive zoneApril 30th, 2008 - 12:39 pm ICT by admin
Mumbai April 30 (IANS) The Indian equities market opened with a positive gap Wednesday mirroring strong markets elsewhere in Asia. Though initial trade was choppy, all sectoral indices were in the green, barring metal and IT. The 30-share benchmark index of the Bombay Stock Exchange opened with a gain of 95.07 points or 0.55 percent at 17,479.01. Ten minutes into trading, the Sensex was at 17,447.15 with a gain of 68.69 points or 0.40 percent.
At the same time, the S&P Nifty of National Stock Exchange was trading at 5,217.40 points with a marginal gain of 21.90 points or 0.42 percent compared to its previous close.
The market breadth was positive. On BSE 899 scrips advanced, 292 declined and 20 remained unchanged.
Jaiprakash Associates, Reliance communications and Maruti Suzuki were among the gainers while Satyam Computer, Reliance Energy and Wipro were among the losers in initial trade.
Other Asian markets were trading higher.