Indian equity market indices open in green taking cues from global market.
The Sensitive Index (Sensex) of the BSE, which had closed at 26236.87 points on Wednesday , opened higher at 26366.52 points .
At 10.19 am, Sensex is trading at 26628.72 points, up by 391.85 points or 1.49 percent.
At the National Stock Exchange (NSE), the broader 51 scrip Nifty which had closed at 8102.05 points , was quoting at 8221.15 points, up by 119.10 points or 1.47 percent .
Indian equity market plunged on Wednesday after the Reserve bank of India(RBI) decided to keep its key lending rates unchanged in its fifth bi- monthly monetary policy of 2016-17.Investors sentiments were subdued as the RBI lowered the forecast for India’s economic growth rate to 7.1 percent from an earlier 7.6 percent.
On Global market, Japan’s Nikkei 225 was trading in green, up 0.82 percent , Hang Seng up by 0.58 percent while South Korea’s Kospi was also up by 1.15 percent. China’s Shanghai Composite Index was quoting in red, down by 0.07 percent.
Tatamotors, Tatasteel, Adaniports, Maruti are top gainers whereas Dreddy, Auropharma, Infratel are top losers.