Markets opened higher on Thursday, amid firm Asian cues, helped by a rebound in financial shares.
At 9:30AM, the 30-share Sensex was up 186 points at 19,532 and the 50-share Nifty was up 51 points at 5,793.
Overnight, US stocks ended flat as the Federal Reserve gave no hint that a reduction in the pace of its bond-buying program is imminent. The Dow Jones industrial average slipped 21.05 points, or 0.14 percent, to end at 15,499.54. The Standard & Poor's 500 Index dipped 0.23 of a point, or 0.01 percent, to finish at 1,685.73. However, the Nasdaq Composite Index rose 9.90 points, or 0.27 percent, to close at 3,626.37.
Asian shares and commodity prices firme up on Thursday after China's official manufacturing activity data came in better than expected, easing some concerns of a sharp slowdown in the world's second-largest economy. The Shanghai Composite, Nikkei, Straits Times and Hang Seng are up 0.5-1.1% each.
At 9:30AM, the 30-share Sensex was up 186 points at 19,532 and the 50-share Nifty was up 51 points at 5,793.Overnight, US stocks ended flat as the Federal Reserve gave no hint that a reduction in the pace of its bond-buying program is imminent. The Dow Jones industrial average slipped 21.05 points, or 0.14 percent, to end at 15,499.54. The Standard & Poor's 500 Index dipped 0.23 of a point, or 0.01 percent, to finish at 1,685.73. However, the Nasdaq Composite Index rose 9.90 points, or 0.27 percent, to close at 3,626.37.
Asian shares and commodity prices firme up on Thursday after China's official manufacturing activity data came in better than expected, easing some concerns of a sharp slowdown in the world's second-largest economy. The Shanghai Composite, Nikkei, Straits Times and Hang Seng are up 0.5-1.1% each.
No comments:
Post a Comment