Indian markets open strong – November 14, 2007
November 14th, 2007
Asian markets are all green today. The Indian Markets too took a queue and began on a bull run this morning. Nifty 50 opened up about 138 points and Sensex is up 480 points. CNX Midcap index is up 130 points.
The surprising sector is the Technology which saw a pull back after many of the top notch IT stocks saw their 53-week low.
Infosys is up 3%. Wipro and Satyam are trading strong. The other tech stocks too opened positive after most Indian Tech ADRs closed in green yesterday night.
L&T continued to surge to newer heights.
NTPC and other power utilities are trading strong. Birla Power is up 10%. RNRL is up about 5%
The Banking stocks are trading positive. ICICI Bank, HDFC Bank surged in the first trades.
Entry Filed under: Equity Markets, Opening trade
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