benchmarks Sensex and Nifty were trading higher on Wednesday opening, led by
positive Asian stocks. The Indian rupee also opened higher at 71.29
against greenback amid fall in crude oil prices.
Oil prices down from 2019 highs today as rising US supply decreased OPEC cuts.
US-WTI crude oil futures were at USD55.84 p/b 0.5percent, from their last
90.40 am, The BSE Sensex Index was up 271-pts at 35,623.91 and the NSE Nifty50
jumped 83-pts at 10,687-mark.
the sectoral constituents are trading in the green buoyed by metal, PSU Bank media,
realty, energy, Bank Nifty, financial service, pharma, infra and FMCG.
Vedanta, Hindalco, Tata Steel, JSW Steel were among major gainers at this time
while HCL Technologies, Bajaj Auto, HeroMotoCorp, Bharti Infratel and Mahindra &
Mahindra were losers.
Estate stocks are to be observed positively as GST Council meeting today
may conclude GST on real estate projects.