Sensex crosses 28,000 points again, Nifty rises above 8,400

Mumbai: The benchmark BSE Sensex reclaimed 28,000-level for the first time since 9 December and the NSE Nifty shot up by 22 points to trade above 8,400-mark in opening trade today on sustained fund inflows.

Rising for the seventh straight session, the 30-share index went past 28,000 mark after over three weeks by rising 122.45 points, or 0.44 per cent, to 28,010.35.

The gauge had gained almost 680 points in the past six sessions.

All the sectoral indices, led by capital goods, metal and auto, were trading in positive zone with gains up to 1.18 per cent.

On similar lines, the 50-share NSE Nifty gained 22.00 points, or 0.26 per cent, to trade above the 8,400-level at 8,417.45.

Traders said apart from sustained capital inflows, encouraging manufacturing output data for December and hopes of further push to economic reforms buoyed trading sentiments.

Prominent gainers among the 30 Sensex stocks were L&T, Maruti Suzuki, M&M, NTPC, ONGC, RIL, Sesa Sterlite, Sun Pharma, Axis Bank, Bajaj Auto, BHEL, Cipla, Hero MotoCorp, Hindalco, Hind Unilever, TCS, Wipro, Tata Power and Tata Steel.

Among other Asian markets, Japan’s Nikkei fell 0.72 per cent, while Hong Kong’s Hang Seng shed 0.66 per cent in early trade today.

The US Dow Jones Industrial Average closed 0.06 per cent higher in Friday’s trade.

PTI