Domestic markets gain after 5-month low on positive global cues
On Global markets front, MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%.
Indian stock markets on Wednesday opened in green from five-month low due to positive global cues. Yesterday's positive macro-economic data added the early gains.
BSE Sensex opened at 26508.94 as against previous close at 26304.63. While, NSE Nifty opened at 8,205.65.
At 0935 hours, Sensex was trading at 26,458.28, up 153.65 points, or 0.58%. At the same time, Nifty was at 8,145.60, up 37.15 points, or 0.46%.
On 30-share benchmark, among the top gainers were Asian Paint (2.95%), ONGC (2.92%), ICICI Bank (2.53%), Tata Consultancy Services (2.16%) and Maruti Suzuki (2%). Among losers were Lupin (-2.50%), Cipla (-1.17%), Dr Reddy's Lab (-0.88%), ITC (-0.72%) and GAIL (-0.68%).
On Global markets front, MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2%, bouncing back from a four-month low touched the previous day, a Reuters report said.
Asian shares won the reprieve from a rally in Wall Street shares as the sell-off in global bonds and sharp gains in the dollar paused for now.