Stock Market Updates: Indian benchmark equity indices BSE Sensex and Nifty 50 opened higher on Thursday.
At opening bell, the BSE Sensex was up 126 points, or 0.16 per cent, at 80,208, while the Nifty 50 was at 24,465, higher by 29.80 points, or 0.12 per cent.
Global Cues
Meanwhile, markets in the Asia-Pacific region were mixed on Thursday morning after the overnight decline in US stocks on on Wall Street.
South Korea’s Kospi was down 0.37 per cent after the country’s third-quarter GDP growth came in at 0.1 per cent quarter on quarter, missing Reuters’ estimates of 0.5 per cent growth, and following a 0.2 per cent decline in the second quarter.
The small-cap Kosdaq declined 1.08 per cent. Japan’s Nikkei 225 was up 0.48 per cent, while the Topix was up marginally.
Australia’s S&P/ASX 200 was up 0.14 per cent.
On Wall Street, all the three main indices finished lower, driven by losses in consumer discretionary, technology and communication services stocks. The Dow Jones Industrial Average fell 0.96 per cent to 42,514.95, the S&P 500 fell 0.92 per cent to 5,797.42 and the Nasdaq Composite fell 1.60 per cent to 18,276.65.