Key Indian equity indices opened in the positive territory
Mumbai: Key Indian equity indices opened in the positive territory`on Monday with healthy buying in metals, consumer durables, auto and banking stocks.
Around 9.16 a.m., the barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 34,203.34 points, traded at 34,164.37 points -- up 158.61 points or 0.47 per cent from its previous close.
The BSE market breadth was bullish as 1,028 stocks advanced as against 224 declines.
On the the National Stock Exchange, the wider Nifty50 edged higher by 71.35 points or 0.68 per cent to trade at 10,526.30 points.
Last week on Friday, the key equities plunged into the negative territory amid a global sell-off.
The Sensex closed at 34,005.76 points -- down 407.40 points or 1.18 per cent from its previous session's close, while the Nifty50 fell by 121.90 points or 1.15 per cent to close at 10,454.95 points.
Gold prices advanced by Rs 155 per 10 gram in the bullion market today on continued buying by traders and stockists, shrugging off a weak trend overseas.
Parliament today passed a bill proposing to grant a party the right to seek damages from the other side in case of a breach of a business contract and to reduce discretion of courts in such matters.
China began an anti-dumping investigation on Monday into stainless steel imports worth $1.3 billion, including from a privately owned Chinese mill with operations offshore, after complaints of damage to the local industry.
State-owned PNB today said it has received Rs 2,816 crore as capital infusion from the government via preferential allotment of equity shares.
The Border Roads Organisation has spent more than Rs 1,900 crore on construction and improvement of infrastructure on the north-western and north-eastern borders of India, the government said.
The station, which was named after Lord Elphinstone, the Governor of Bombay Presidency from 1853 to 1860, has now been renamed in honour of a local deity.
Lavasa -an ultimate getaway, a city that would offer the charms of European locales, with five star comforts in a scenic part of Maharashtra has now become an abandoned town.
A second chargesheet by the ED has confirmed the trail of illegal cash Mallya transferred to his accounts across global tax havens.
Delayed payment by GMR-led DIAL, the Delhi airport operator, to the CISF guards could eventually lead to passengers paying more to fly out of the Indian Capital.
The West Bengal Police has claimed to have busted a Rs 100 crore plus job racket in the Indian Railways following a crucial arrest in the Indian Capital.