The markets today opened significantly higher with the BSE Sensex crossed the 10,600 mark and the NSE Nifty surpassed the 3,300 mark in the early trade. All the sectorial indices are trading in green in the opening trade. The Realty index outperformed the benchmark index in the opening trade, as it is now trading with a gain of more than 5%. Further, the Metal, Banking, Consumer Durables, Oil & Gas and Power stocks are also witnessing strong buying support.
At 10.34AM, the BSE Sensex was up by 264.61 points at 10,613.44 and the Nifty was up by 79.25 points to 3,290.30.
The BSE Mid Cap increased by 80.33 points to 3,205.75 and the BSE Small Cap grew by 95.84 points to 3,532.76.
The Asian markets are trading higher today as Hang Seng, Nikkei 255, Seoul Composite and Straits Times index are trading up by (3.40%), (1.74%), ( 2.34%) and (1.89%) respectively.
The US stock markets on Friday ended higher after a sharp choppy session on the back of better than expected results from Research in Motion and positive comments by Fed Chairman Ben Bernanke about lending to banks. These all factors led the investors shrugged off the latest jobs report that showed that unemployment rate climbing to a 25-year high.
The Labor Department reported that 663,000 jobs were slashed in March, lifting the unemployment rate to 8.5% from 8.1% in February, in line with estimates. The Dow Jones Industrial Average (DJIA) advanced by 39.51 points to close at 8,017.59. The NASDAQ Composite (RIXF) index increased by 19.24 points to close at 1,621.87 and the S&P 500 (SPX) grew by 8.12 points to close at 842.50.
At 10.34AM, the BSE Sensex was up by 264.61 points at 10,613.44 and the Nifty was up by 79.25 points to 3,290.30.
The BSE Mid Cap increased by 80.33 points to 3,205.75 and the BSE Small Cap grew by 95.84 points to 3,532.76.
The Asian markets are trading higher today as Hang Seng, Nikkei 255, Seoul Composite and Straits Times index are trading up by (3.40%), (1.74%), ( 2.34%) and (1.89%) respectively.
The US stock markets on Friday ended higher after a sharp choppy session on the back of better than expected results from Research in Motion and positive comments by Fed Chairman Ben Bernanke about lending to banks. These all factors led the investors shrugged off the latest jobs report that showed that unemployment rate climbing to a 25-year high.
The Labor Department reported that 663,000 jobs were slashed in March, lifting the unemployment rate to 8.5% from 8.1% in February, in line with estimates. The Dow Jones Industrial Average (DJIA) advanced by 39.51 points to close at 8,017.59. The NASDAQ Composite (RIXF) index increased by 19.24 points to close at 1,621.87 and the S&P 500 (SPX) grew by 8.12 points to close at 842.50.
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