Markets hit fresh record highs as ECB unveils QE plan: Benchmark indices have opened higher for seventh straight session and hit an all-time record high as sentiment in global markets turned bullish after the European Central Bank announced it will buy bonds worth 60 billion Euros per month to stimulate sagging economy.
At 9:45 AM, the S&P BSE Sensex was trading at 29360 up 355 points, while NSE Nifty was trading at 8855 up 94 points. The Mid-cap and Small-cap Index, both, is outperforming the broader indices. The market breadth indicating the overall health of the market is positive. The Indian rupee gained in the early trade today. It has opened higher 26 paise at 61.44 per dollar versus 61.70 Thursday.
At 9:45 AM, the S&P BSE Sensex was trading at 29360 up 355 points, while NSE Nifty was trading at 8855 up 94 points. The Mid-cap and Small-cap Index, both, is outperforming the broader indices. The market breadth indicating the overall health of the market is positive. The Indian rupee gained in the early trade today. It has opened higher 26 paise at 61.44 per dollar versus 61.70 Thursday.
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