Markets open on high note

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Mumbai,NOV 14:
The 30-scrip Sensitive Index (Sensex) on Wednesday opened on a positive note during the morning session of the trade.
The Sensex of the BSE opened at a high of 35,330.14. It touched a low of 35,251.34.
The Sensex was trading at 35,316.07, up by 171.58 points or 0.53 per cent from its Tuesday’s close at 35,144.49.
On the other hand, the broader 50-scrip Nifty at the National Stock Exchange (NSE) opened at 10,634.90 after closing at 10,583.50 on Tuesday.
The Nifty is trading at 10,623.65 in the morning. Benchmark equity indices gave up early gains to end a shade lower at 35,141.99 after a highly volatile session on Wednesday as losses in pharma and information technology shares offset gains in energy, banking and metal stocks, amid weak global cues.
The BSE Sensex swung nearly 365 points both sides on heavy buying and selling during the session. The 30-share index, after a gap-up opening at 35,330.14 points, hit a high of 35,351.88 points at the outset on the back of sliding global crude oil prices and recovery in rupee.
However, a weak trend in most other Asian markets and a lower opening of European markets, triggered selling on the domestic bourses, dragging the Sensex into negative terrain to hit a low of 34,986.86.

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