Nifty opens at 11,370, Sensex up 100 pts; Nifty Bank hits the record high
The company will be opening a new Digital Innovation Center in Bucharest, Romania. The center will focus on developing offerings for clients based on cutting-edge digital technologies including Cloud, Big Data, Artificial Intelligence, and Machine Learning. It is a firm start for the Indian indices on Thursday morning with Nifty around 11,370 level.
The Sensex is up 131.80 points at 37883.97, while Nifty is up 32.80 points or 0.29% at 11374.50. About 566 shares have advanced, 268 shares declined, and 56 shares are unchanged.
DHFL gained 5 percent, followed by Lemon Tree, Lupin, Zee Ent, Indiabulls Housing, HCL Tech, Axis Bank, Yes Bank, Infosys are among the major gainers on the indices, while losers include Power Grid, BPCL, Tata Motors, Adani Ports and HPCL.
Among the sectors, FMCG, infra, and energy are trading marginally lower, while IT, metal, pharma, and auto witnessing buying interest. Benchmark indices are mixed in the pre-opening session.
At 09:02 hrs IST, the Sensex is up 128.22 points or 0.34% at 37880.39, and the Nifty down 118.00 points or 1.04% at 11223.70.
DHFL, Yes Bank is trading higher in the pre-opening session. US stocks rose on Wednesday, led by gains in healthcare shares, and Boeing edged upward even as the United States joined other nations in grounding the company's 737 MAX jets. Trends on SGX Nifty indicate a flat opening for the broader indices in India, a gain of 7 points or 0.06 percent. Nifty futures were trading around 11,390.50-level on the Singaporean Exchange.
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