Wednesday Market on verge

Sensex open on positive note during morning session
Wednesday Market on verge

The Sensex of the BSE opened at 35,277.84 points and touched a high of 35,329.37 points and a low of 35,272.16 points.

On Tuesday, the Sensex closed at 35,150.01 points.

The Sensex is trading at 35,240.49 points up by 90.48points or 0.26 percent.

On the other hand, the border 50-scrip Nifty at National Stock opened at 10,591.00 points after closing at 10,549.15 points on Tuesday.

The Nifty is Trading at 10,544.65 Points in the morning.

The broker said investor sentiment got a boost after the appointment of the new RBI Governor on hopes that it will now address the liquidity issue and could help the public sector and bank in their recapitalization programme.

Das was Tuesday named the new Governor of the Reserve Bank of India after Urjit Patel Resignation. The Sensex had Tuesday rose 190.29 points to end at 35,150.01 after falling over 500 points. 

Asian Market railed in the morning trade after the US president Donald Trump appeared hopeful of the trade deal with China.

Meanwhile, the rupee plunged 32 paise to 72.17 per US dollar in every trade. And the global benchmark Brent crude was trading higher by 1.08 percent at 60.85 barrel. 

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