Equities open strong, keep moving upwards

November 10th, 2008 - 2:01 pm ICT by IANS  

Mumbai, Nov 10 (IANS) Indian equities markets opened strong on positive global cues and were ruling in positive territory two hours into trading with a key index up more than 350 points.Two hours into trading the 30-share benchmark sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 10,316.19, up 351.90 points or 3.53 percent from its previous close Friday at 9,964.29 points.

The Sensex opened strong at 10,154.56 points, up 190.27 points or 1.9 percent from its previous close and continued to gain steadily to its current value.

The broader-based 50 share SP CNX Nifty of the National Stock Exchange (NSE) also showed a similar trend and was ruling at 3,080.90, up 107.9 points or 3.63 percent from its previous close Friday at 2973.00 points.

The BSE midcap index was ruling at 3,450.78, up 95.40 points or 2.84 percent from its previous close at 3,355.38 points.

The BSE smallcap index was ruling at 3,970.92, up 70.82 points or 1.82 percent from its previous close at 3,900.10 points.

Global markets had ended with gains Friday and Asian markets were in positive territory Monday morning.

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