The Indian markets on Tuesday opened with a positive trend after China declared its Q1 GDP numbers, at 6.3%. The BSE Sensex opened at 34,342 points, while the NSE Nifty was at 10,540.
Recommended ArticlesView All
New Locker Rules — Here's why the RBI has gone overboard
Jan 28, 2023 IST5 Min(s) Read
Meet Padma Shri Awardee Guru K Kalyanasundaram Pillai, the man who is keeping an ancient tradition alive
Jan 27, 2023 IST3 Min(s) Read
This is how the new draft IT rules propose to make online gaming safe
Jan 27, 2023 IST4 Min(s) Read
78 percent Indian workers uneasy about job security amid layoffs: Survey
Jan 27, 2023 IST5 Min(s) Read
China's economy growth pulled up the Indian markets during the opening, as it was expected that the markets will open lower due to the weak Asian and SGX cues. The markets were seen advancing in trade for the ninth consecutive day.
Mahindra & Mahindra was seen among the top index gainer post monsoon buzz as the IMD predicted that the monsoon will be normal, helping the agriculture-oriented stocks, such as M&M's tractors, to pull up in trade.
The borkerages expect improvement in growth on normal monsoon forecast. The IT firm Infosys has fallen for the second day after the firm released a conservative margin guidance for the next financial year in its earnings.
Despite the global markets closing in the red, the Indian markets had recovered and closed at day's highs on Monday. The BSE Sensex closed up 113 points at 34,305 after a 406-point trading range. The NSE Nifty gained 48 points to 10,528.
First Published: Apr 17, 2018 9:36 AM IST