Thursday 17 October 2013

Sensex opens on a flat note

The Sensex and Nifty opened the session marginally in the green on buying by funds and retail investors amid firm Asian cues.

At 9.15 a.m., the 30-share BSE index Sensex was up 35.12 points (0.17 per cent) at 20,582.74 and the 50-share NSE index Nifty was up 6.7 points (0.11 per cent) at 6,095.75.

Asian stocks were up , with the regional benchmark index rising towards a five-month high, after the US Congress voted to end the Government shutdown and raise the debt ceiling.

US stocks rallied, sending the Standard & Poor’s 500 Index towards a record. The benchmark index rose 1.4 per cent to 1,721.47 at 4 p.m. in New York. S&P 500 Index futures added 0.1 per cent after the gauge closed within 0.3 percent of a record in New York.

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