Sensex up 0.1 per cent: Market pushes quest for more gains
Mumbai: Indian shares were trading mildly higher at open, a day after equities rounded off another day of gains and a fresh all-time high on Monday.
In Mumbai trading, the BSE Sensex was up 0.2 per cent, or 59 points, to 28,235 while the NSE Nifty was up about 0.1 per cent, or 8 points, to 8,439. Both indices made fresh intra-day highs early.
Stocks gained in late trade on Monday after treading water through the day, as better than expected trade balance data reiterated the increasing comfort with India’s external balance position.
However, weak exports (which were offset by even weaker imports) remained a cause of worry and this was visible in the rupee, which was down versus the US dollar.
Source:Ibn Live