Nifty opens above 7,800 ahead of Rail Budget

July 08, 2014 09:45

The markets have opened on a positive note ahead of the Railway Budget announcement later in the day.
Investors expect the government to unveil reform-oriented measures and take steps to modernise the Railways.
At 9.15 AM, the Sensex is quoting 52 points higher at 26,153 levels and Nifty is trading 16 points higher at 7,803 levels.
Tata Power, Sun Pharma, HDFC, Cipla and ITC are some of the top gainers among the Sensex scrips. However, Dr Reddys, Tata Motors, Wipro and TCS are trading weak.

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