Mumbai, April 19: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher.
The Sensitive Index (Sensex) of the BSE, which had closed at 34,331.68 points on Wednesday, opened higher at 34,403.67 points.
Minutes into trading, it was quoting at 34,446.68 points, up by 115 points, or 0.33 per cent.
At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 10,526.20 points on Wednesday, was quoting at 10,564.15 points, up by 37.95 points or 0.36 per cent.
Profit booking, along with heavy selling pressure in the banking sector stock led the key Indian equity indices to break their nine-day gaining streak on Wednesday.
According to market observers, the key equity indices, however, had traded in the green for the better part of the session on the back of positive global cues and forecast of normal monsoon rains.
The Sensex was down by 63.38 points or 0.18 per cent at the Wednesday's closing. In the day's trade, the barometer 30-scrip sensitive index had touched a high of 34,591.81 points and a low of 34,270.04 points. The Nifty too, was down by 22.50 points or 0.21 per cent.
On Thursday, Asian indices were showing a positive trend. Japan's Nikkei 225 was quoting in green, up by 0.51 per cent while Hang Seng up by 1.33 per cent, South Korea's Kospi was up by 0.34 per cent. China's Shanghai Composite index was trading in green, up by 0.78 per cent.
Nasdaq closed in green, up by 0.19 per cent, while FTSE 100 was also up by 1.25 percent at the closing on Wednesday.
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Abdulla Madumoole is new President of SDM College Ujire Global Alumni Association
Mangaluru: Senior Financial Controller of Zayed Foundation in UAE, Abdulla Madumoole has been appointed President of SDM College Ujire Global Alumni Association.
The new Executive Committee elected Abdulla Madumoole as the President while Dr. Yashowarma was made Honorary President. Rajesha Bengrodi of Dubai is the new General Secretary of the committee while Dinesh Hegde –USA has been appointed the Vice President.
Among other office bearers are, Treasurer Roshan Pinto –Dubai, Secretary Kiran Kumar, Malaysia, and Secretary Information Technology Sharath Paligi – Germany.
Dr. Veerendra Heggade will be Patron of the SDMCU Global Alumni Association.
Mohammed Kutubuddin, Laxmikanth Muscat, Shruthi, Australia, Chetana Hegde Bahrain, Abdul Khadar Veerakamba are the new executive committee members of the association.
The association has lined up a series of activities that it will undertake to reach more alumni of the college and to organise webinars to connect with them.
