Indian equities markets open in green, notch early gainsMay 15th, 2008 - 12:06 pm ICT by admin
Mumbai May 15 (IANS) Indian equities markets opened in the green Thursday in the wake of favourable cues from other Asian markets. The 30-share benchmark sensitive index of the Bombay Stock Exchange, the Sensex, opened with a gain of 106.54 points or 0.66 percent at 17,084.89.
Minutes after opening, the Sensex moved further upwards to 17,114.59, gaining 136.24 points or 0.80 percent.
The S&P Nifty index of the National Stock Exchange opened above the 5,000-points mark at 5,010.90 with a gain of 0.55 percent. Within minutes it climbed further to 5,051.35, a gain of 0.79 percent.
Other Asian markets were trading higher. Shanghai Composite was up 27.02 points or 0.74 percent at 3,684.45. Hang Seng rose 87.61 points or 0.34 percent at 25,621.09. Nikkei 225 Average rose 144.86 points or 1.03 percent at 14,263.41. Jakarta Composite was up 0.59 points or 0.02 percent at 2,449.93. Straits Times rose 13.64 points or 0.43 percent at 3,212.15. Seoul Composite gained 29.05 points or 1.58 percent at 1,872.80. Taiwan Weighted was up 84.42 points or 0.94 percent at 9,102.84.