Markets open on positive note; auto, IT stocks shine


New Delhi: Stock markets opened within the gren on Wednesday opened on positive Asian cues.

The BSE Sensex opened at 32,311.04 factors whereas the broader 50-scrip Nifty on the National Stock Exchange (NSE) opened at 9,408.60 factors after closing at 9,380.90 factors.

At 10.18 am, prime performers had been Bajaj Finance,  HDFC, Tata Steel, Tech Mahindra, HDFC Bank, Heromoto Corp, M&M, ,Powergrid, ITC, NTPC, Ultrachem and RIL, rising upto 4.19 %. On the opposite hand, prime laggards had been Axis Bank, IndusInd Bank, Titan, HUL, Asian Paint, Kotak Bank, ONGC and Maruti, falling by upto 4.40 factors.

In early Asian commerce, Australia was up 0.3% and South Korea climbed 0.2%. MSCI`s broadest index of Asia-Pacific shares outdoors Japan was up 0.2% at 467.95. Japan`s markets had been closed for a public vacation. The Dow Jones Industrial Average  fell 0.13%, the S&P 500 misplaced 0.52% and the Nasdaq Composite dropped 1.4%, a Reuters report mentioned.

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