Sensex recaptures 33,000 peak, up 190 points; Tata Motors, Bharti Airtel, Adani Ports biggest gainers
At Sensex, retail investors and domestic institutions gathered momentum amid strong global cues causing a rally in key index
Mumbai: Benchmark BSE Sensex regained the key 33,000 mark at the start of trading on Friday after buying by retail investors and domestic institutions gathered momentum amid strong global cues.
The broader NSE Nifty too went past the 10,200-level. The 30-share Sensex was trading higher by 190.36 points, or 0.57 percent, at 33,139.57, with all sectoral indices in the green, led by consumer durables, bank, metal and auto. The gauge had rallied 352.03 points on Thursday.
The NSE Nifty too rose 60.65 points, or 0.59 percent, at 10,227.35 in early trade on Friday. Brokers said unabated buying by retail and domestic institutional investors and a firm trend in other Asian markets influenced sentiment here.
Prominent gainers included Tata Motors, Bharti Airtel, Adani Ports, ICICI Bank, Axis Bank, Maruti Suzuki, ONGC, HDFC Bank, HDFC Ltd, Bajaj Auto, Wipro, TCS, Cipla and SBI, gaining up to 1.68 percent.
Japan's Nikkei was up 1.22 percent while Hong Kong's Hang Seng rose 0.57 percent in early trade today. Shanghai Composite, however, shed 0.08 percent. The US Dow Jones Industrial Average ended 0.29 percent higher in Thursday's trade.
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Market roundup: Sensex falls to 49,099.99, Nifty settles at 14,529.15 amid sell-off before release of Dec GDP data
All the shares in the BSE Sensex closed in red on Friday with ONGC being the top loser, shedding 6.6 percent, followed by Mahindra & Mahindra, Bajaj Finserv, and Axis Bank
Even though the NSE, as well as the BSE, extended trading hours till 5 pm Wednesday, the overall volumes could not touch the usual averages
RailTel share price today: Being listed at Rs 109 per share on the National Stock Exchange (NSE) on Friday, RailTel had 11.28 percent listing premium from its issue price of Rs 93 to Rs 94 for every share.