SINGAPORE Indonesia's port in Banda Aceh remained open after an 8.7 magnitude earthquake struck on Wednesday, while Chennai port shut due to a tsunami watch issued for the whole Indian Ocean, two port authority officials said.
The quake struck 308 miles (500 km) southwest of the city of Banda Aceh, on the northern tip of Indonesia's Sumatra island, at a depth of 20.5 miles, the U.S. Geological survey said.
(Reporting by Randy Fabi and Luke Pachymuthu; Editing by Himani Sarkar)
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It remains to be seen whether Nifty will be able to break the 8,100 mark during October. With major events out of the way, the next trigger will be the Q2 FY16 earnings season which is expected to kick off next week. It is advisable for the investors to continue building their equity portfolio by utilising market volatility as an opportunity, writes Ambareesh Baliga. Full Article