Good Morning Everyone,
The key Indian stock indices have advanced in early minutes of trade, defying a worldwide negative bias. The Nifty started off trade above the 5200 level on first day of April Series contracts while Sensex too started with modest gains. The sentiments also got boosted by the announcement of a surprise Rs. 100bn OMO by the RBI. Currently, both the indices are trading with over one percent gains. Sectorally, all the 13 sectoral indices are seen trading in the green with Realty and Metals leading the list with gains of over one and a half percentage point. The market breadth is strong and four shares are seen advancing against every single decline.
(Pic. Source- bseindia.com)
The key Indian stock indices have advanced in early minutes of trade, defying a worldwide negative bias. The Nifty started off trade above the 5200 level on first day of April Series contracts while Sensex too started with modest gains. The sentiments also got boosted by the announcement of a surprise Rs. 100bn OMO by the RBI. Currently, both the indices are trading with over one percent gains. Sectorally, all the 13 sectoral indices are seen trading in the green with Realty and Metals leading the list with gains of over one and a half percentage point. The market breadth is strong and four shares are seen advancing against every single decline.
(Pic. Source- bseindia.com)
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