Opening Bell – Markets open mixed
At 09:15, Nifty opened at 9,968 level, down by 5 points while Sensex opened at 31,932 level, up by 46 points. There were 754 advances, 604 declines and 502 unchanged stocks on NSE reflecting fairly positive undertone in the market.
Aurobindo Pharma was the top Nifty gainer trading at Rs 770 per share, up by 1.5% while IOC was top Nifty loser trading at Rs 441.80 per share, down by 1.45%.
On the broader markets, BSE Mid-cap index was trading at 15,692 level, up by 0.04% while BSE Small-cap index was trading at 16,132 level, up by 0.02%.
The rupee opened at 63.94 per USD as against the previous close of 63.9 per USD.
The US stock-indexes ended the day in positive territory bit off their best levels. The Labour Department released a report showing much weaker than expected job growth in the month of August which could dull the Federal Reserve’s desire to further raise borrowing costs. The Dow Jones Industrial Average rose 39 points to finish at 21,988. The S&P 500 edged up 5 points to finish at 2,477. The tech-heavy Nasdaq advanced 7 points to close at 6,435.
Majority of Asian stock indices were trading lower on Monday, after North Korea tested a nuclear bomb on Sunday. The Japan’s Nikkei 225 has plummet 0.87% and the Hong Kong’s Hang Seng has shed 0.55%. The China’s Shanghai Composite has gained 0.24%.