After a long weekend, the Sensex opened on a positive note today following subdued global cues. Oil & gas and consumer durables stocks gained, while banking, auto and IT edged lower.
Full Story: Sensex opens positive; Oil & gas, consumer durables gain - Myiris.com
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On global front, Asian stocks rose after Citigroup raised Samsung Electronics` price estimate and Morgan Stanley lifted its rating on companies that make batteries for electric vehicles. Japanese benchmark index Nikkei 225 fell 73.26 points, or 0.70%, to trade at 10,370.54. Hong Kong`s Hang Seng index climbed 124.34 points, or 0.58%, to trade at 21,597. China`s Shanghai Composite declined 6.57 points, or 0.22% to trade at 2,960.44.(9.59 a.m, IST). European stocks slid led by a sell-off in commodity companies and banks as analysts downgraded copper producers and on speculation Royal Bank of Scotland Group may announce a rights offer. UK`s benchmark index FTSE 100 fell 38.53 points, or 0.74%, to settle at 5,134.36. French benchmark index CAC 40 decreased 15.68 points, or 0.41%, to end 3,812.16. Germany`s benchmark index DAX declined 35.18 points, or 0.62%, to close at 5,668.65.Full Story: Sensex opens positive; Oil & gas, consumer durables gain - Myiris.com
