Sensex, Nifty open higher; Airtel, Hindalco top loser
Benchmark indices opened marginally higher today as India’s GDP growth hit a three-quarter high of 6.3% in Jul-Sep, and was up from 5.7% a quarter ago on the back of a pick-up in the industrial sector. The GDP growth was also in line with expectations.
At 9:56 AM, BSE Sensex was up 60 points to 33,209 and the NSE Nifty50 Index was higher by 17 points to 10,243.
The BSE Mid-cap Index and BSE Small-cap Index are trading higher at 16,917 and 18,388 respectively.
Bharti Airtel, Hindalco, Cipla, IOC and Coal India were the top losers.
Today, the money market is closed on account of Id-e-Milad.
All sectors are trading in a positive zone. Buying was seen in realty, media, pharma and auto sectors on the NSE.
Out of 1,977 stocks traded on the NSE, 1,304 advanced, 262 declined, and 441 remained unchanged today.
A total of 75 stocks registered a fresh 52-week high in trade today, while four stocks touched a new 52-week low on the NSE.
Shares of Britannia Industries, Petronet LNG and Vakrangee have been included in the MSCI India index with effect from today. Apollo Hospitals Enterprises was removed from the index. In the MSCI India Domestic index, shares of L&T Finance Holdings, TVS Motor Company and Vakrangee were included, while no deletions were made.