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Opening Bell: Market opens mildly higher; HDFC twins gain in trade

Opening Bell: Market opens mildly higher; HDFC twins gain in trade

Opening Bell: Market opens mildly higher; HDFC twins gain in trade
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By CNBC-TV18 May 10, 2018 9:23:06 AM IST (Published)

The market opened slightly higher backed by global cues, with the HDFC twins pulling the market up in trade.

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The BSE Sensex opened at 35,354 points and the NSE Nifty at 10,779 points. The other two major indices, Nifty Midcap and Nifty Bank, also opened in the green today.
The HDFC twins and ONGC are among the top gainers in trade. Eicher Motors is the top Nifty gainer after announcing its earnings on Wednesday.
The Sensex on Wednesday recovered 185 points from lows to close 103 points higher at 35,319, while the Nifty closed with a gain of 24 points at 10,742.
IT and energy stocks kept market higher, while pharma and cement stocks dragged. Reliance, TCS and HDFC Bank were amongst notable index gainers. Tata Motors too, edged higher after reporting 12% upmove in JLR April sales.
Asian Paints,  Nestle India, Zee Entertainment, among others, will declare their quarterly results today.
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