Mumbai, May 26 (IANS) A benchmark index for Indian equities Wednesday managed to hold on to its morning gains as sentiments improved across Asian markets and European bourses opened in the green.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 16,069.78 points, was ruling at 16,264.62 points, 242.14 points or 1.51 percent up from its previous close at 16,022.48 points.
At the National Stock Exchange (NSE), the broader 50-share S&P CNX Nifty was ruling at 4,882.05 points, up 1.57 percent from its previous close.
Broader market indices were in the positive as well, with the BSE midcap index ruling 0.93 percent up and the BSE smallcap index 0.98 percent higher.
Asian and European markets witnessed a bounceback of sorts though the overall sentiment remained sceptical. The fall in the past few days gave traders some buying opportunities leading to a rise in key indices.
The Japanese Nikkei ended 0.66 percent up at 9,522.66 points, while the Shanghai Composite index closed flat at 2,625.79 points, up 0.12 percent.
Hong Kong’s Hang Seng shut shop 0.51 percent higher at 19,082.77, while the South Korean Kospi ended the day with a 1.36 percent gain at 1,582.12 points.
Europe opened in the green with Britain’s key index the FTSE 100 ruling 1.02 percent higher at 4,991.14 points and its French peer the CAC 40 1.7 percent up at 3,387.93 points. The German DAX too was trading in the positive at 5,725.92 points, up 0.99 percent.
