US markets closed higher and Asian markets traded mixed on Thursday was a good start to the domestic market. Share Market Tips– The Sensex opened 105 points higher at 26 738 points and the Nifty opened at 36 points above the 8226 level.
BSE Midcap and Smallcap is seeing strong buying. BSE Midcap remained 0.72 per cent 0.72 per cent, while the Nifty Midcap. BSE Smallcap rose by 0.75 per cent.
Auto index Nifty gained 1 percent. The Bank Nifty index 0.65 per cent, metal index Nifty is up 0.94 percent.
Rupee 15 paise stronger than the fall in the dollar index opened at 67.90.
US markets closed on edge
Dow Jones Industrial Average rose 60 points in Wednesday’s trading to close at 19 942. S & P 500 index rose 13 points to 2271 and Nasdaq ended 5477 with a gain of 48 points.
Indian ADRs ended higher on Wednesday. In the IT space, Infosys rose 2.65 percent at USD 15.13 and Wipro added 2.52 percent at USD 9.77.
In the banking space, ICICI Bank fell 0.67 percent at USD 7.45 and HDFC Bank was up 0.02 percent at USD 59.19.
In the other sectors, Tata Motors rose 1.21 percent at USD 35.95 and Dr Reddy’s Laboratories gained 1.10 percent at USD 45.94.
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