Domestic equity markets opened on a positive note on Monday taking cues from global markets. Sensex opened 76.65 point up at 25,945.14. (Photo: PTI)
9.55 am: The rupee depreciated by 11 paise to 66.30 against the US dollar in early trade on Monday due to appreciation in the US currency overseas. Sensex was down 23.49 points at 25845, while Nifty was up 3.90 points at 7,860.
9.32 am: Metals and mining major Vedanta and Aditya Birla group flagship firm Hindalco Industries will shift out of the BSE benchmark Sensex from December 21. The share price of Vedanta and Hindalco were down 1.93 per cent and 2.13 per cent at Rs 91.35 and Rs 75.65.
These stocks would be replaced by Adani Ports and Special Economic Zone and Asian Paints.
9.16 am: Sensex was up 11.18 points at 25,879. Nifty was up 1.60 points at 7,858. In the 50-share index, Adani Ports, Asian Paints and Bajaj Auto were up 1.82 per cent, 1.27 per cent and 1.02 per cent, respectively.
9.15 am: Domestic equity markets opened on a positive note on Monday taking cues from global markets. Sensex opened 76.65 points up at 25,945.14. Nifty opened 12.95 points up at 7,869.50.
Asian stocks pointed higher on Monday’s morning after the US shares had their best week this year and investors shook off concerns about terror attacks in Paris and Mali. While Japan, the biggest market in the region, is closed for a holiday, Hong Kong futures were up about 0.3 per cent, and Hong Kong, China and Korea futures are also higher.
Brokers said widening of positions by investors tracking gains at other Asian bourses amid growing confidence about the US Fed raising interest rates next month coupled with weekend gains in US markets bolstered trading sentiment.
As per provisional figures, foreign institutional investors (FIIs)/ Foreign Portfolio Investors (FPIs) sold shares worth net Rs 94.09 crore on 20th November 2015. Domestic institutional investors bought shares worth Rs 610.16 crore on that day.
The Dow had ended Friday up 0.51 per cent, while the S&P 500 added 0.38 per cent and the Nasdaq 0.62 per cent.
The S&P 500 boasted its best week in almost a year, while Europe’s main stock index enjoyed its strongest week in a month.
Back home, the 30-share Sensex on Friday was in the grip of profit booking initially, but recovered on the back of across-the-board buying in blue-chips and closed higher by 26.57 points, or 0.10 per cent, at 25,868.49. The broader Nifty on Friday ended at 7,856.55, up 13.80 points, or 0.18 per cent, after trading between 7,817.80 and 7,906.95 intra-day.
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