Sensex rises 224 points, Nifty above 10,800-mark on fund inflows, positive Asian cues; Vedanta, Reliance Industries, Tata Steel rally

BSE Sensex rose 223.89 points, or 0.62 percent, to 36,186.82.

Press Trust of India December 17, 2018 10:26:21 IST
Sensex rises 224 points, Nifty above 10,800-mark on fund inflows, positive Asian cues; Vedanta, Reliance Industries, Tata Steel rally

Mumbai: The equity benchmark BSE Sensex rose by almost 224 points Monday on buying in key frontline counters led by metal, banking, auto and energy stocks amid fresh foreign fund inflows.

Positive cues from other Asian markets also bolstered trading sentiments here, traders said.

The BSE Sensex rose 223.89 points, or 0.62 percent, to 36,186.82.

The gauge had gained over 33 points in the previous session on Friday.

Sensex rises 224 points Nifty above 10800mark on fund inflows positive Asian cues Vedanta Reliance Industries Tata Steel rally

Representational image. Reuters

The broader Nifty 50 index was trading at 10,864.80, with a gain of 59.35 points, or 0.55 percent.

Major gainers were Vedanta Ltd, Reliance Industries, Yes Bank, Tata Steel, Maruti Suzuki, Sun Pharma, HDFC Bank, Adani Ports and PowerGrid, and SBI, rising up to 3.83 percent.

On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 861.94 crore on Friday, while DIIs sold equities to the tune of Rs 303.52 crore, provisional data showed.

Among Asian markets, Japan's Nikkei was trading higher by 0.67 percent. Hong Kong's Hang Seng moved up 0.09 percent, while Shanghai Composite inched 0.01 percent higher.

The US Dow Jones Industrial Average ended 2.02 percent lower in Friday's trade.

Updated Date:

also read

Market update: Sensex, Nifty begin volatile trading session; check details here
Business

Market update: Sensex, Nifty begin volatile trading session; check details here

After initial losses, BSE Sensex rose by 0.41 percent or 233.25 points to 57,340.40, while NSE Nifty 50 opened at 17,055.80 and rose by 0.08 percent, gaining 12.90 points to 17,039.35

Market update: Sensex crashes over 1,200 points, Nifty dips below 17,200-mark
Business

Market update: Sensex crashes over 1,200 points, Nifty dips below 17,200-mark

The domestic market indices BSE Sensex and NSE Nifty were in freefall on the morning of Friday, 26 November

New Suzuki S-Cross debuts with SUV-inspired design, posher cabin and ADAS: Check out pictures, specs
News & Analysis

New Suzuki S-Cross debuts with SUV-inspired design, posher cabin and ADAS: Check out pictures, specs

Now in its second generation, the 2022 Suzuki S-Cross has transitioned from crossover to SUV in its appearance; to be offered with mild-hybrid powertrain overseas.