INSUBCONTINENT EXCLUSIVE:
Domestic markets opened on a positive note on Thursday as the benchmark indices edged up
The SP BSE Sensex opened at 35,703 level, 58 points higher against the previous session's closing
The NSE Nifty rose 16 points higher to hit 10,786 in the opening trade
However, soon after opening in the positive territory, Sensex traded in the red
At 9.36 am, Sensex fell 40 points to trade at 35,605, while NSE's Nifty 50 declined 12 points to trade 10,758
On NSE, Reliance Industries shares trade at Rs 1004, higher by 1.45 percent in the opening trade
The NSE's Nifty50 index surged 70 points or 0.65 per cent and settled at 10,769.90
Domestic equity indices closed in green as government's decision to raise the minimum support price (MSP) or purchase price for paddy crops
200 per quintal boosted sentiment.After strong overnight recovery, the Indian rupee on Wednesday reversed most of its gains towards the
fag-end session, losing 17 paise at 68.74 against the US dollar amid rising crude oil prices and inflationary concerns after MSP hike for
kharif crops by the government, PTI reported.In the international markets, Asian stocks were shaky while major currencies barely budged in
early trade on Thursday, as financial markets remained in a state of anxious uncertainty on the eve of a U.S
deadline to slap tariffs on Chinese imports
MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.1 percent, having moved in and out of the red in early trade
The index has lost 1.6 percent this week, during which it plumbed a nine-month low
Asia was bereft of the usual leads as the U.S
markets were closed on Wednesday for the Independence Day holiday, reported Reuters.
