After witnessing a huge loss of over 300 points yesterday (Jan 15), Indian equities, today (Jan 16) opened the day positively after gaining 78.91 points at 9,125.65, as against its last closure in which it lost 323.75 points (3.45%).
Metal, oil & gas and banking stocks were in limelight.
A fair amount of buying was seen across midcap and smallcap segments. BSE Midcap and Smallcap index gained 0.96% and 0.62% respectively.
Singapore - Singapore shares dropped by 3.4 per cent Thursday amid generally gloomy regional market news and overnight falls on Wall Street.
The Straits Times Index fell by 60.66 points or 3.4 per cent to 1,704.06.
The Singapore Exchange closed with 357 losers against 105 gainers.
Volume was 1,069.5 million shares.
Analysts said speculators forced a price correction on Thursday at the Singapore Exchange which had made recovery on Wednesday after a six straight days of losses.
New Delhi - India's main share indices plunged by almost 4 per cent on opening Thursday as it became clear that the government would not be bailing out fraud-hit information technology major Satyam Computer.
Satyam shares, which had staged a recovery over the past couple of days on hopes of a government bail-out, plunged by over 30 per cent soon after opening.
Shares of India's fourth-largest software exporter had plunged by 78 per cent last week after its founder Ramalinga Raju revealed a 1.43-billion-dollar accounting fraud.