Buoyed by the positive opening in Asian markets, the BSE’s 30-share benchmark index- Sensex is expected to open in green on Monday. Overnight, the US stocks also ended in green with the beginning of the quarterly earnings session.
Among the Asian markets, Hong Kong’s Hang Seng was trading up by over 100 points at 27,402; China’s Shanghai Composite was trading at 4,081, up by 47 points; Taiwan Index was at 9,633, up by 16 points; and Singapore’s Straits Times was trading above 18 points at 3,490 in the early trading session. However, Japan’s Nikkei 225 was trading in red, down by 25 points at 19,882 after the core machinery orders dropped by 0.4 per cent in February. Back home, banking stocks will remain in focus today amid home loan rate cut decisions. In the previous trading session, the BSE SENSEX closed at 28879.38, down by 5.83 points or by 0.02 per cent and the NSE’s wide-based Nifty closed at 8780.35, up by 2.05 points or by 0.02 per cent. The BSE MIDCAP closed at 11093.02, up by 42.77 points or by 0.39 per cent, while the BSE SMLCAP closed at 11846.33, up by 128.85 points or by 1.1 per cent. The top gainers of the BSE Sensex pack were Sesa Sterlite Ltd. (Rs. 201.70,+3.65 per cent), Tata Steel Ltd. (Rs. 342.85,+1.96 per cent), State Bank of India (Rs. 285.65,+1.85 per cent), Dr. Reddy's Laboratories Ltd. (Rs. 3800.15,+1.62 per cent), Bharti Airtel Ltd. (Rs. 411.35,+1.12 per cent), among others.
Among the Asian markets, Hong Kong’s Hang Seng was trading up by over 100 points at 27,402; China’s Shanghai Composite was trading at 4,081, up by 47 points; Taiwan Index was at 9,633, up by 16 points; and Singapore’s Straits Times was trading above 18 points at 3,490 in the early trading session. However, Japan’s Nikkei 225 was trading in red, down by 25 points at 19,882 after the core machinery orders dropped by 0.4 per cent in February. Back home, banking stocks will remain in focus today amid home loan rate cut decisions. In the previous trading session, the BSE SENSEX closed at 28879.38, down by 5.83 points or by 0.02 per cent and the NSE’s wide-based Nifty closed at 8780.35, up by 2.05 points or by 0.02 per cent. The BSE MIDCAP closed at 11093.02, up by 42.77 points or by 0.39 per cent, while the BSE SMLCAP closed at 11846.33, up by 128.85 points or by 1.1 per cent. The top gainers of the BSE Sensex pack were Sesa Sterlite Ltd. (Rs. 201.70,+3.65 per cent), Tata Steel Ltd. (Rs. 342.85,+1.96 per cent), State Bank of India (Rs. 285.65,+1.85 per cent), Dr. Reddy's Laboratories Ltd. (Rs. 3800.15,+1.62 per cent), Bharti Airtel Ltd. (Rs. 411.35,+1.12 per cent), among others.
