Sensex recover 150 pts, Nifty opens above 9600 today
Equity benchmarks started off the week on a positive note after seeing consolidation in previous two weeks, backed by positive Asian cues.
The 30-share BSE Sensex was up 126.50 points at 31,182.90 and the 50-share NSE Nifty rose 33.70 points to 9,621.75 while the broader markets gained half a percent.
The market breadth was strong as about three shares advanced for every share falling on the BSE.
Dredging Corporation surged 4 % on stake sale buzz while Hathway Cable gained 7 % ahead of its subsidiary IPO launch.
Jayant Agro, Indian Hotels, Hume Pipe, Ujjivan Financial and Cadila Healthcare gained 2-4 percent while Amtek Auto, Videocon Industries and Lanco Infratech fell 4-6 %.
The Indian rupee has opened flat at 64.42 per dollar against Friday’s closing value.
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