Mumbai, July 03: Expectations ran high on the
bourses in early trade on Friday as the key indices went up on
investors buying power and capital goods stocks.
The Bombay Stock Exchange benchmark Sensex, which had
lost 158 points in opening trade, rebounded to quote higher by
55.13 points at 14,713.62 at 1100 hrs.
Similarly, the 50-share National Stock Exchange index
Nifty rose by 15.55 points at 4,364.40 at the same time. The
Nifty had lost nearly 50 points in the opening session.
Marketmen said investors and funds are expecting some
favourable budetary proposals such as cuts in freight rates
and fares.
Bureau Report
First Published: Friday, July 03, 2009, 11:27