Markets opened with strong gains; Sensex reclaims 28000: Markets extended gains and opened higher, amid firm global cues, led by financials while IT major TCS also witnessed renewed buying interest at lower levels in early trades. At 9:25AM, the 30-share Sensex was up 114 points at 28,004 and the 50-share Nifty was up 38 points at 8,467. The mid-cap and small-cap indices are also in the green. HDFC Bank is set to announce its Q4 numbers during the day.
The Indian rupee opened with marginal loss of 13 paise at 62.95 per dollar versus 62.82 Wednesday. The dollar edges upward after a 6.1 percent jump in US home sales data lifted expectations Federal Reserve policymakers may soon hike interest rates.
The Indian rupee opened with marginal loss of 13 paise at 62.95 per dollar versus 62.82 Wednesday. The dollar edges upward after a 6.1 percent jump in US home sales data lifted expectations Federal Reserve policymakers may soon hike interest rates.
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