US sentiment helps Indian markets
New Delhi: A Strong sentiment in the US markets has led to a good opening in the Indian markets. Better than expected results in companies like Pepsico, Harley Davidson and the Internet portal Yahoo helped overcome the war worries, as the Dow Jones moved up by 188 points. Asian markets, too, had a fairly stable opening on 11 October. The Sensex opened three points higher than 10 October's close at 2899 and soon rose to touch a high of 2955, which is a gain of almost 2 per cent. It ended the day at 2943. At the Forex markets, diamond exporters and a large American bank sold substantial amounts of dollars keeping the rupee on an even keel. The rupee closed at 48.04 to the dollar.
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Tokyo stocks open higher, techs ride Nasdaq
Tokyo: Tokyos benchmark Nikkei share average jumped 2 per cent in early trade on 12 October after key high-tech issues such as Fujitsu rose, mirroring a rally in their US counterparts for a second day. The Nikkei was up 229.77 points, or 2.22 per cent, at 10,576.78. It jumped 3.83 per cent to above pre-attack levels the previous day. The broader Topix index was up 19.97 points, or 1.88 per cent, at 1,084.63.
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