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Sensex opens with a 20-point gain

Written by: Staff
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Mumbai, Mar 23 (UNI) The Bombay Stock Exchange (BSE) Sensitive Index (Sensex) opened 20 points up at 10,861 as compared to the last close of 10,841 points.

The benchmark index traded 36 points up at 10,877 points at 1137 hours.

Yesterday, Sensex had closed 64 points down at 10,841 points on profit booking and the lower priced blue chips seemed to be moving the markets up.

The Sensex gained 83 points to touch a high of 10,924 points this morning.

The US markets closed in the green and the Japanese markets were up too, which was keeping sentiments high in the domestic markets as well.

The crude oil prices however, was still above USD 62 per barrel at USD 62.63 per barrel in the New York Mercantile Exchange this morning, which was putting pressure on the markets.

All sectoral indices, barring one, were trading in the green.

Infotech companies were under pressure with the BSE IT index in the red marginally.

BSE Consumer Durables index was showing a gain of more than a per cent, and all other sectoral indices were showing less than a percent gains on the BSE. The BSE Midcap index was up by 0.50 per cent and the BSE Smallcap index was up by 0.73 per cent.

Top gainers on the 30-share Sensex were SBI, Bajaj Auto, Reliance Industries, ITC, Ranbaxy, ICICI Bank, ACC, Hindalco, TCS and Hero Honda.

The top losers on the Sensex were Reliance Energy, Dr Reddy's Lab, Bharti Tele, Tata Motors, Infosys, HDFC Bank, Tata Power, Grasim Industries, BHEL and ONGC.

The National Stock Exchange 50-share S&P CNX Nifty index traded 9 points up at 3,249 points. Earlier, the Nifty opened flat at 3240.85 as compared to the last close of 3240.15 points.

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