FIRST TRADE: Equities open higher; Nifty up 81 pts at 25,891, Sensex up 303 pts

3 hours ago 1

Indian equities successful Tuesday's commercialized opened higher tracking. At the open, Nifty opened higher with gains of 0.31 per cent oregon 80.55 points astatine 25,891.4, portion Sensex added 303.05 points oregon 0.36 per cent astatine 84,602.83. 

Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said,  "The antithetic volatility successful banal markets is reflected successful the 8 per cent spike successful Shanghai Composite Index and the 4.8% clang successful Nikkei scale yesterday. This utmost volatility is apt to stabilise soon. The hoped-for-recovery successful the Chinese system has triggered monolithic money flows into Chinese stocks. This has delivered 20% returns successful Shanghai composite successful the past 5 days and 19.45% instrumentality successful Hang Seng successful the past 1 month. This momentum is attracting FIIs; but it remains to beryllium seen however agelong this tactical commercialized volition last."

Sectorally, buying sentiment was seen crossed the committee with metallic and FMCG being the lone sectors successful the red.

Asian stocks

Asian stocks successful Tuesday's commercialized were trading mixed astatine the past number aft the US Fed Chair's hawkish comments bolstered chances of a bigger complaint chopped going forward.

*** Disclaimer: This Article is auto-aggregated by a Rss Api Program and has not been created or edited by Nandigram Times

(Note: This is an unedited and auto-generated story from Syndicated News Rss Api. News.nandigramtimes.com Staff may not have modified or edited the content body.

Please visit the Source Website that deserves the credit and responsibility for creating this content.)

Watch Live | Source Article