India News
Bellwether market index sees small gains
Dec 18, 2007, 7:36 GMT
Mumbai, Dec 18 (IANS) The key Indian stock index opened on a positive note Tuesday with a 78-point gain after the victory dance of the bears in the previous trading session, which recorded the index's second largest fall on a single day.
The 30-share sensitive index (Sensex) of the Bombay Stock Exchange opened at 19,339.14 point against the previous close of 19,261.35.
The broader 50-share S&P CNX Nifty of the National Stock Exchange (NSE) index opened flat at 5,777.60 points, against the previous close of 5,777.00 points.
The Nifty gained seven points with some buying support, and was trading at 5,784.20 in early trades.
On Monday, the Sensex tumbled more than 850 points at one point of time in late trade, tracking weak global markets.
All the sectoral indices on the BSE traded in the red Monday. They managed to snatch away 769 points from the Sensex and 271 points from the Nifty.
© 2007 Indo-Asian News Service
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