NEW DELHI: Indian equities opened higher on Thursday, with buying in select heavyweights including HDFC twins, Reliance IndustriesNSE 0.91 % and Axis Bank.
The market barometer Sensex remained on the upward trajectory, underpinned by capital inflows in the light of hopes that the RBI may go for a rate cut as the inflation remained under the central bank's projection.
Going by the historical trend, the market is witnessing a pre-election rally, backed by improved prospects that Narendra Modi government will win another term after the general elections of 2019.
Around 9:30 am, the BSE Sensex was 143 points, or 0.38 per cent, up at 37,895, while Nifty was 34 points, or 0.30 per cent, up at 11,375.
BSE Midcap and Smallcap indices were 0.43 per cent and 0.37 per cent up, respectively, at that time.
BSE Midcap and Smallcap indices were 0.43 per cent and 0.37 per cent up, respectively, at that time.
Among the 31 shares (including Tata Motors DVR) in the Sensex index, 20 were in the green and 11 in the red.
YES Bank, Sun Pharma, Larsen & Toubro, Kotak Mahindra BankNSE 0.52 % and HDFC were among the top gainers in the Sensex kitty around that time.
On the flip side, Hero MotoCorp, Tata Motors, Bajaj Auto, Hindustan UnileverNSE -0.92 % and ICICI BankNSE -0.38 % were among the top losers.
Among the sectoral indices on BSE, FMCG, utilities, auto, consumer durabl ..
The market barometer Sensex remained on the upward trajectory, underpinned by capital inflows in the light of hopes that the RBI may go for a rate cut as the inflation remained under the central bank's projection.
Going by the historical trend, the market is witnessing a pre-election rally, backed by improved prospects that Narendra Modi government will win another term after the general elections of 2019.
Around 9:30 am, the BSE Sensex was 143 points, or 0.38 per cent, up at 37,895, while Nifty was 34 points, or 0.30 per cent, up at 11,375.
BSE Midcap and Smallcap indices were 0.43 per cent and 0.37 per cent up, respectively, at that time.
BSE Midcap and Smallcap indices were 0.43 per cent and 0.37 per cent up, respectively, at that time.
Among the 31 shares (including Tata Motors DVR) in the Sensex index, 20 were in the green and 11 in the red.
YES Bank, Sun Pharma, Larsen & Toubro, Kotak Mahindra BankNSE 0.52 % and HDFC were among the top gainers in the Sensex kitty around that time.
On the flip side, Hero MotoCorp, Tata Motors, Bajaj Auto, Hindustan UnileverNSE -0.92 % and ICICI BankNSE -0.38 % were among the top losers.
Among the sectoral indices on BSE, FMCG, utilities, auto, consumer durabl ..
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