Stock Market: Sensex, Nifty Open Higher for 2nd Straight Session

Image result for Stock Market: Sensex, Nifty Open Higher for 2nd Straight SessionIndian equity benchmarks opened higher on Wednesday, 27 March, extending the gains for the second consecutive trading session.

The S&P BSE Sensex rose as much as 0.54 percent to 38,440.99 points while the NSE Nifty 50 rose as much as 0.48 percent to 11,537.50 points.

The broader market index represented by the Nifty 500 Index also rose about 0.48 percent, BloombergQuint reported.

The market breadth was titled in favour of sellers, according to the report. About 990 shares advanced and 466 stocks declined on the National Stock Exchange.

All the sectoral gauges compiled by the NSE advanced, led by NSE Nifty Media Index’s 0.76 percent gain.

The Indian rupee, on the other hand, opened lower against the US Dollar at 69.01 per dollar, a 0.23 percent fall in value.

[“source=thequint”]