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The Indian Share market has opened higher. The Sensex is up
134.12 points or 0.5 percent at 27707.78 and the Nifty is up 39.30 points or
0.5 percent at 8367.85. About 714 shares have advanced, 115 shares declined,
and 64 shares are unchanged. Vedanta, BHEL, ICICI Bank, Wipro and Infosys are
top gainers in the Sensex. TCS is down 1 percent, ITC, Bharti Airtel, HUL and
Lupin are among laggards in the Sensex.
The Indian rupee gained further in early trade. The currency has opened marginally higher by 7 paise at 63.32 per dollar against yesterday's close of 63.39 a dollar. The Indian stock market opened on a firm note this morning, tracking fairly positive global cues. The mood, however, is a bit cautious with investors looking ahead to the industrial production data for May, due later in the day.
The Indian rupee gained further in early trade. The currency has opened marginally higher by 7 paise at 63.32 per dollar against yesterday's close of 63.39 a dollar. The Indian stock market opened on a firm note this morning, tracking fairly positive global cues. The mood, however, is a bit cautious with investors looking ahead to the industrial production data for May, due later in the day.
Besides global factors, quarterly results from India will
set the trend for the market over the next few weeks. Tata Consultancy Services
has come out with fairly decent first quarter results and the reaction to the
numbers has been somewhat mixed at present. Stocks opened on a firm note on the
Indian bourses this morning, tracking positive global cues.
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