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The market has opened weak on Wednesday. The Sensex is down
68.30 points or 0.3 percent at 25262.19 and the Nifty is down 11.30 points or
0.1 percent at 7703.60. About 375 shares have advanced, 264 shares declined,
and 25 shares are unchanged.
The Indian rupee has opened lower by 5 paise at 66.75 per dollar against previous close of 66.71 a dollar.
Asian shares consolidated their gains, shaking off earlier losses following attacks on the airport and a rush-hour metro train in Brussels as investors look to a brightening global economic picture.
Shares of Kilburn Engineering gained 9 percent intraday as it has approved a proposal to merge McNally Bharat Engineering with itself.
Asian shares slipped on Wednesday, but held near 3 1/2 month highs hit earlier this week as investors took comfort from a brightening global economic picture, as they absorbed the shock of the suspected Islamic State suicide bomb attacks in Brussels.
The Brussels attacks have disturbed the markets, says Ian Hui, Global Market Strategist at JPMorgan Asset Management in an interview . However, he is hopeful of markets recovering soon.
India will cut oil imports by 10 percent in next
six years by raising domestic output, conserving fuel and shifting to alternate
sources like natural gas, Oil Minister Dharmendra Pradhan said.The Indian rupee has opened lower by 5 paise at 66.75 per dollar against previous close of 66.71 a dollar.
Asian shares consolidated their gains, shaking off earlier losses following attacks on the airport and a rush-hour metro train in Brussels as investors look to a brightening global economic picture.
Shares of Kilburn Engineering gained 9 percent intraday as it has approved a proposal to merge McNally Bharat Engineering with itself.
Asian shares slipped on Wednesday, but held near 3 1/2 month highs hit earlier this week as investors took comfort from a brightening global economic picture, as they absorbed the shock of the suspected Islamic State suicide bomb attacks in Brussels.
The Brussels attacks have disturbed the markets, says Ian Hui, Global Market Strategist at JPMorgan Asset Management in an interview . However, he is hopeful of markets recovering soon.
