Monday 28 October 2013

Market opens higher on positive Asia cues

NSE Nifty opened at 6160, up 16 points while 30-share BSE Sensex opened 40 points higher with 25 components in green.

Market opened higher folowing firm Asian stocks; tracking CNX Nifty futures on the Singapore stock exchange, NSE Nifty opened at 6160, up 16 points while 30-share BSE Sensex opened 40 points higher with 25 components in green.

The rupee is trading at 61.45 per dollar; the unit closed at 61.46/47 on Friday

The market is expected to remain volatile in the week ahead as traders mull rolling over positions in November 2013 series from the near month October series in the futures & options segment.

BSE realty index rose 1.1% and is the  top sectoral gainer; FMCG index is the top looser in the sectoral pack with losses of 0.6%

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