After opening positively at 16,341.55, the 30 share index has been fluctuating between the positive and negative in the morning sessions of the trade. Selected stocks from auto and real estate boosted, whereas IT and banking stock declined.
Mumbai, Sep 19: The Bombay Stock Exchange (BSE) 30 share sensitive index (Sensex) crossed 16,000 mark at it’s opening on Wednesday. NSE Nifty also opened strong after strong global cues. After US Federal Reserve announced cut in key interest rate for the first time in four years, the bulls took charge of Indian Stock Markets.
The Sensex gained 405 points with no losers among the index stocks.
Maruti, HDFC and HDFC Bank gained around 4 per cent each to Rs 914, Rs 2,273 and Rs 1,278, respectively.
After opening positively at 16,341.55, the 30 share index has been fluctuating between the positive and negative in the morning sessions of the trade. Selected stocks from auto and real estate boosted, whereas IT and banking stock declined.
