Indian equities market opens with an upswing

April 16th, 2008 - 11:52 am ICT by admin  

A file-photo of Sensex

Mumbai, April 16 (IANS) The Indian equities market opened Wednesday with a positive gap mirroring strong cues from other Asian markets. The 30-share benchmark index of the Bombay Stock Exchange, the Sensex, opened with a gain of 169.03 points at 16,288.76.

The S&P Nifty index of the National Stock Exchange opened at 4,881.65 with a marginal gain of two points compared to its previous close.

Other Asian markets were trading higher. Japan’s Nikkei surged 1.42 percent or 184.04 points to 13,174.62. Hong Kong’s Hang Seng gained 0.84 percent or 201.39 points to 24,102.72. Taiwan’s Taiwan Weighted advanced 0.76 percent or 67.63 points to 8,992.41. Singapore’s Straits Times rose 1.32 percent or 40.48 points to 3,096.97. South Korea’s Seoul Composite was up 0.90 percent or 15.63 points to 1,757.80.

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