Key indices edge higher in early trade; Nifty holds 8300: Key indices edged higher in early trade tracking positive trading in Asian markets and overnight gains at Wall Street. Consumer Durables, Power, Banking, capital goods, Healthcare, Metal, Realty, FMCG, Oil and gas indices are the gainers, while FMCG, Auto indices are losers. The BSE Mid-cap Index and BSE Small-cap Index was trading flat.
At 9:45 AM, the S&P BSE Sensex is trading at 27,635 up 37 points, while NSE Nifty is trading at 8305 up 12 points.. The market breadth indicating the overall health of the market is strong. The Indian rupee opened lower by 11 paise at 62.44 per dollar against 62.33 Thursday. The government will release the Index of Industrial Production data for October 2014 which is expected to contract compared to October. Inflation based on Consumer Price Index for October 2014 will also be announced and expectations are that it will be well below 5%.
At 9:45 AM, the S&P BSE Sensex is trading at 27,635 up 37 points, while NSE Nifty is trading at 8305 up 12 points.. The market breadth indicating the overall health of the market is strong. The Indian rupee opened lower by 11 paise at 62.44 per dollar against 62.33 Thursday. The government will release the Index of Industrial Production data for October 2014 which is expected to contract compared to October. Inflation based on Consumer Price Index for October 2014 will also be announced and expectations are that it will be well below 5%.
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