Mumbai, India (BBN)-The Nifty and the Sensex opened and traded in the green, ahead of the monetary policy announcement by the RBI, and on positive Asian cues.
The Nifty opened 25 points up at 8,168, while the Sensex opened 63 points up at 26,456, reports The Hindu Business Line.
At 9:55am, the 30-share BSE index Sensex was up 49.06 points or 0.19 per cent at 26,441.82 and the 50-share NSE index Nifty was up 15.6 points or 0.19 per cent at 8,158.75.
A report by IFA Global said “Asian stock markets are trading in the green, with Hang Seng index trading higher by 70 points and Nikkei index trading higher by 73 points ahead of the important ECB policy statement that will be released tomorrow. US stock markets closed on a positive note. The Dow Jones Industrial Average closed higher by 35 points and Nasdaq index closed higher by 24 points. US equities closed higher after factory orders showed growth of 2.7 per cent in October compared to a growth of 0.6 per cent in the previous month. European stock markets closed marginally higher, with FTSE closed higher by 33 points and CAC higher by 57 points. European markets ended the day higher after Q3 revised GDP for Euro zone came in line with expectation.”
Barring Nifty Pharma all the broader and sectoral indices were trading in the green. Volatility was down 1.06 per cent with the India Vix quoting at 17.1050.
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