Monday, December 15, 2008

Stock Markets open higher, continue rally

Mumbai, Dec 15 (IANS) Indian equities markets, on an upswing since last week, continued the good show Monday with a key index of the Indian stock market opening 2.12 percent higher than its previous close.

An hour into trading, the 30-share sensitive index (Sensex) of the Bombay Stock Exchange (BSE) was ruling at 205.56 points or 2.12 percent higher than its close of 9,690.07 Friday.

The broader-based 50-share S&P CNX Nifty of the National Stock Exchange (NSE) was also up at 2,993.55 points or 2.47 percent from its close of 2921.35 points Friday.

Asian markets were also ruling higher with the Nikkei, a key index of the Tokyo Stock Exchange, 4.88 percent higher than its previous close while the Hang Seng of the Hong Kong Stock Exchange rose by 3.07 percent over its previous close.

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