Stock Future Tips – Asian Stocks Edged Higher Today

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Asian Stocks edged higher in early trade today. The barometer index, the S&P BSE Sensex was up 83.37 points or 0.4%, up 31.06 points from the day's low and off 19.81 points from the day's high. The market breadth, indicating the overall health of the market, was strong.

Asian stocks edged higher on Tuesday, 7 January 2014, after Janet Yellen won US Senate confirmation on Monday, 6 January 2014, to become the 15th chairman of the Federal Reserve and the first woman to head the central bank in its 100-year history.

The total turnover on BSE amounted to Rs 129.51 crore by 09:25 IST. Among the 30-share Sensex pack, 24 stocks gained and rest of them declined. 

Sun Pharmaceutical Industries (up 0.97%), L&T (up 1%) and Bhel (up 0.97%) edged higher from the Sensex pack. 

Maruti Suzuki India advanced 1.48% to Rs 1,833.90 after hitting record high of Rs 1,839.50 in intraday trade. 

Bank stocks edged higher in early trade. AXIS Bank (up 0.46%), HDFC Bank (up 0.47%) and ICICI Bank (up 1.44%) edged higher. 

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