Market edges higher in early trade: Key benchmark indices surged in early trade tracking firmness in world stocks. The sentiment has suddenly turned positive after a Fed meet and the world and all its market seem to be headed for better days in the near future. The US markets saw a terrific run with Dow and S&P 500 rising 2.43%. The Nasdaq Composite too gained over 2.24%. Asian indices are also up with Japan's Nikkei and Hong Kong's Hang Sang trading up 1.5% each. China's Shanghai index has gained around half a percent.
At 9:45 AM, the S&P BSE Sensex is trading at 27450 up 324 points, while NSE Nifty is trading at 8245 up 85 points. The Mid-cap and Small-cap Index are also trading sharply higher up above 1.20% each. The market breadth indicating the overall health of the market is strong. The Indian rupee gained further in early trade. The currency has opened at 63.05 a dollar, up 6 paise compared to previous day's closing value of 63.11 a dollar.
At 9:45 AM, the S&P BSE Sensex is trading at 27450 up 324 points, while NSE Nifty is trading at 8245 up 85 points. The Mid-cap and Small-cap Index are also trading sharply higher up above 1.20% each. The market breadth indicating the overall health of the market is strong. The Indian rupee gained further in early trade. The currency has opened at 63.05 a dollar, up 6 paise compared to previous day's closing value of 63.11 a dollar.
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