BSE, NSE follow global markets to open higher
Taking a cue from global markets the key Indian equity market indices on Thursday opened higher.
The Sensitive Index (Sensex) of the BSE, which had closed at 31,245.56 points on Wednesday, opened higher at 31,298.42 points.
Minutes into trading, it was quoting at 30,279.33 points, up by 33.77 points, or 0.11 per cent.
At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 9,637.60 points, was quoting at 9,644.60 points, up by seven points or 0.07 per cent.
Despite trading with caution over geo-political concerns, the Indian equity markets trimmed some losses on the back of healthy services sector data, positive global indices and inflow of foreign funds, to close marginally higher on Wednesday.
The Sensex was up by 35.77 points or 0.11 per cent at the Wednesday`s closing.
In the day`s trade, the barometer 30-scrip Sensitive Index had touched a high of 31,284.64 points and a low of 31,177.78 points. The Nifty too was up by 24.30 points or 0.25 per cent.
On Thursday, Asian indices were mostly showing a negative trend.
Japan`s Nikkei 225 was trading in red, down by 0.43 per cent, Hang Seng down by 0.28 per cent while South Korea`s Kospi was also down by 0.17 per cent. China`s Shanghai Composite Index was quoting in green, up by 0.03 per cent.
Nasdaq closed in green, up by 0.66 per cent while FTSE 100 was up by 0.14 per cent at the closing on Wednesday.