Indian equities open with an upswing

May 7th, 2008 - 12:46 pm ICT by admin  

A file-photo of Sensex

Mumbai May 7 (IANS) Indian equities markets opened in the positive zone Wednesday, despite mixed signals from Asian peers. The 30-share benchmark index of the Bombay Stock Exchange, the Sensex, opened with a gain of 31.18 points at 17,404.15.

The S&P Nifty of the National Stock Exchange opened at 5,156.70 with a gain of 12.05 points.

Other Asian markets were trading mixed. China’s Shanghai Composite rose 0.61 percent or 22.65 points to 3,756.159. Japan’s Nikkei advanced 0.93 percent or 130.23 points to 14,179.49. Taiwan’s Taiwan Weighted gained 1.07 percent or 94.66 points to 8,952.03.

However, Hong Kong’s Hang Seng was down 0.24 percent or 62.46 points at 26,199.67. Singapore’s Straits Times fell 0.04 percent or 1.33 points to 3,247.42. South Korea’s Seoul Composite declined 0.06 percent or 1.19 points to 1,857.87.

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