1. Sensex gains 250 points, Nifty hits record high in opening bell

Sensex gains 250 points, Nifty hits record high in opening bell

Indian markets open up on a positive note buoyed by the strong openings of Asian markets as the Nikkei share average rose 0.5 percent to 19,938.53 in mid-morning trade, the highest since December 2015.

By: | Updated: May 10, 2017 10:09 AM

Indian markets open up on a positive note buoyed by the strong openings of Asian markets as the Nikkei share average rose 0.5 percent to 19,938.53 in mid-morning trade, the highest since December 2015. The Asian markets put on edge after the abrupt dismissal of FBI Director James Comey by the US President Donald Trump and the growing up tensions of North Korea nuclear programme. The benchmark Sensex recoup the 30,000 level to open higher 0.18% at 29,988.78 points with most of the scrips trading in green whereas the broader Nifty 50 hit 9,400 in pre-open session, open up 0.24% at 9,339.65 points.

Here are the live updates:

10:00: The benchmark Sensex zooms 246 points or 0.82% to 30,180.12 while the broader Nifty 50 gains 0.71%, hit a record high at 9383.2 points buoyed by the forecast of a normal monsoon this year amid positive global cues. Hindustan Unilever shares hit a fresh lifetime high at Rs 995.

09:45 am: The broader Nifty 50 trading higher up 0.51% at 9,364.7 points while the benchmark Sensex regained the 30,000 mark, trading up 0.55% 30,097.83. The top gainer on the Indian bourses is Hindustan Unilever Ltd, shares of HUL hit the all-time high of Rs 994.7 on NSE, while the shares of Airtel are trading firm, up 0.83% at Rs 348.1 after reporting weak earnings yesterday.

 

 

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