Key Indian equity market indices open higher

The Sensitive Index (Sensex) of the BSE, which had closed at 31,155.91 points opened higher at 31,222.89 points.

Published: 15th June 2017 09:57 AM  |   Last Updated: 15th June 2017 09:57 AM   |  A+A-

By IANS

 Mumbai: The key Indian equity market indices on Thursday opened higher after the US Federal Reserve raised its key interest rate.

The Sensitive Index (Sensex) of the BSE, which had closed at 31,155.91 points on Wednesday, opened higher at 31,222.89 points.

Minutes into trading, it was quoting at 31,150.96 points, down by 4.95 points, or 0.02 per cent.

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 9,618.15 points, was quoting at 9,608.25 points, down by 9.90 points or 0.10 per cent.

US Federal Reserve on Wednesday raised the benchmark interest rates for the fourth time since December 2015 and unveiled plan to start trimming its balance sheet.

The Indian equity markets on Wednesday provisionally closed on a flat-to-positive note on the back of healthy wholesale price index (WPI) data and buying in capital goods, oil and gas as well as energy stocks.

The Sensex was up by 52.42 points or 0.17 per cent at the Wednesday's closing.

In the day's trade, the barometer 30-scrip sensitive index had touched a high of 31,190.36 points and a low of 31,054.94 points. The Nifty too was up by 11.25 points or 0.12 per cent.

On Thursday, Asian indices were showing a negative trend.

Japan's Nikkei 225 was trading in red, down by 0.43 per cent, Hang Seng down by 1.09 percent while South Korea's Kospi was also down by 0.70 per cent.

China's Shanghai Composite index was quoting in red, down by 0.05 per cent.

Nasdaq closed in red, down by 0.41 per cent while FTSE 100 was down by 0.35 per cent at the closing on Wednesday.

 

Stay up to date on all the latest Nation news with The New Indian Express App. Download now
Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.