Sensex gains on firm rupee, global cues
Monday,
22-Oct-2018
09:30 AM (IST)
Benchmark indices opened higher on firm rupee amid strong Asian cues. Asian markets pared losses after Chinese stocks swung higher for a second session and helped offset geopolitical concerns over Saudi Arabia, Italy and Brexit. Meanwhile, rupee is trading firm at 73.26/$ in early morning trade amid a weakening greenback. Amid stock specific action, blue-chip firms like Wipro and Bharti Airtel are slated to announce their quarterly results this week ahead of F&O expiry. At 9:15 AM, the S&P BSE Sensex was trading at 34,609, up 293 points while the broader Nifty50 was ruling at 10,392, up 89 points.
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