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Indian stocks open higher

Monday, Nov 08, 2010
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MUMBAI, Nov. 8, 2010 (Xinhua News Agency) -- Indian main stock index Sensex opened at 21,041.97 points Friday, 37.01 points higher from previous close of 21,004.96 points on optimism of traditional festival. .


The index lost 40.66 points or 0.19 percent after 8 minutes of trading in the morning session with losing growth steam.


Consumer durables, IT, technological and realty sectors dropped 0.92 percent, 0.91 percent, 0.75 percent and 0.74 percent, respectively.


State Bank of India, ICICI Bank (NYSE:IBN) , industrial firm Jaiprakash Associates and software outsourcing player WIPRO lost 1.48 percent, 1.18 percent, 0.93 percent and 0.95 percent.


Still, health care, automobile and fast moving consumer goods sectors gained 0.31 percent, 0.23 percent and 0.15 percent, respectively.


Copper refiner Sterlite Industries, aluminum maker Hindalco, consumer goods maker Hindustan Unilever (NYSE:UL) and Reliance Infrastructure (OOTC:RCTDF) grew 2.95 percent, 2.22 percent, 1.55 percent and 1. 14 percent.


Sensex is the common name for the Bombay Stock Exchange Sensitive Index. It consists of the 30 largest and most actively traded stocks, representative of various sectors, on the Bombay Stock Exchange.

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