Markets slightly up in early trades


20/03/2012 07:59 AST  Business Standard

The markets opened on a flat note tracking mixed cues from the global markets. The Sensex, however, has recovered marginally and is now trading up 88 points at 17,361. Nifty is up 28 points at 5,285.

Apple lifted US stocks on Monday after it announced regular dividends and a share buy-back plan. The Dow Jones industrial average moved up 0.05 per cent to end at 13,239, while the Standard & Poor's 500 Index gained 0.4 per cent to 1,410. The major European markets all moved lower on Monday. While the French CAC 40 Index slid by 0.5 per cent, the German DAX Index and the FTSE 100 Index both edged down by 0.1 per cent.

In Asian, MSCI's broadest index of Asia Pacific shares outside Japan inched 0.1 per cent higher on Tuesday. The Japanese markets, however, are closed today.

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