Friday 5 July 2013

Sensex rises 181 points in early trade

The domestic stock markets opened higher on Friday on firm Asian cues and buying by institutional investors.

The Sensex was trading up 181.63 points or 0.94 per cent at 19,592.47 while the NSE Nifty was up 54.25 points or 0.93 per cent at 5,891.20.

Except for GAIL all the Sensex stocks were in the green led by HUL and ITC.

Asian stocks climbed higher and the dollar strengthened before data that may show the US jobs market improved and after European policy makers signalled borrowing costs will be kept low.

The MSCI Asia-Pacific Index climbed 0.7 per cent to 131.60 as of 12:49 p.m. in Tokyo, taking its weekly gain to 0.8 percent.

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