Bombay Stock Exchange building. (Image: Reuters)
Sensex and Nifty opened higher today following the upsurge in the Wall Street shares which again closed at record highs on Thursday on the optimism over US tax reform plans. BSE Sensex gained 41 points to open at 31,633.34 points and NSE Nifty added 19 points to start at 9,908.15 points. Within minutes of trading, both the key equity indices extended the opening gains and edged up further. The benchmark Sensex advanced as much as 163 points to hit the day’s high of 31,755.39 while the broader Nifty 50 jumped 61 points to mark the day’s high of 9,949.75 points. US stocks notched record closing highs again on Thursday as investors cheered increased prospects for a tax overhaul with the Congress moving closer to the agreement on a budget resolution. Meanwhile, Japan’s Nikkei index jumped to two-year highs in the early on Friday.
10.22 am: Sensex jumps 200 points ahead of GST council meet today; rupee falls 13 paise against US dollar: Sensex and Nifty opened higher today ahead of the GST council meet and following the upsurge in the Wall Street shares which again closed at record highs on Thursday.
9.45 am: MAS Financial Services IPO opens; 7 key things to know: Should you subscribe?: MAS Financial Services Rs 460 crore IPO (initial public offering) is all set to open for subscription today. We take a look at seven important things to know about the public offer before you go for the subscription.
8.55 am: Stocks of Tata Steel, IDFC Bank, Future Retail will be in focus today: Sensex and Nifty are likely to open higher on Friday tracking the Wall Street shares which again closed at record highs on Thursday on the optimism over US tax reform plans.
