A key Indian equities index started on a positive note Monday, opening nearly 110 points or 0.4%, on positive sentiments from the global economy, notably the US. This was the sixth straight day of positive rally on Indian stock markets.
But within minutes into trading, the gains were somewhat toned down with the sensitive index (Sensex) of the Bombay Stock Exchange, slipping to 26,895.8 points, up 44.78 points, or 0.17%, over the previous close at 26,851.05 points. The index had opened at 26959.57 points.
Monday marks the first full day of trading in the New Year for the broking community and investors, Samavat 2071 which began on Thursday October 23. On that day, a special hour-long special session called Muhurat trading was held during which the Sensex had gained 68 points, or 0.24%.