Market News
2 min read | Updated on March 28, 2024, 10:11 IST
SUMMARY
Indian markets open positive with 0.3% gains on NIFTY and Sensex, which is in line with the positive trends shown by global markets. The Asian market is trading positively except for Japan (-1%). The indices in China, Hong Kong and South Korea were trading in green. All the major benchmark indices in the US closed higher in the range of 0.5% to 1.2% on Wednesday.
All the sectoral indices were trading positively.
The NIFTY is trading at 22,215, up by 0.4% on Wednesday morning. The gains in the NIFTY are primarily led by banking, IT and index heavyweights names like ICICI Bank (+1%), HDFC Bank (+0.5%), Infosys (+1%), Reliance (+0.3%). At the same time, the Sensex has crossed the mark of 73,000 and is currently trading 316 points higher.
On the broader indices front, the NIFTY midcap 100 and smallcap 100 opened 0.6% higher. However, they pared some early gains to currently trade higher by 0.2% as against the previous day’s close.
All the sectoral indices were trading positively, except NIFTY Realty & Consumer durables. At the same time, NIFTY PSU Bank remained a top gainer with more than 1% gains in the opening session.
About The Author
Next Story