Sensex rises over 100 points, Nifty above 11,850-mark on positive cues from global markets ahead of G-20 summit
Sensex was trading 88.07 points or 0.22% higher at 39,680.15 at 0930 hours while NSE Nifty was quoting 25.20 points or 0.21% up at 11,872.75
Sensex was trading 88.07 points or 0.22% higher at 39,680.15 at 0930 hours
NSE Nifty was quoting 25.20 points or 0.21% up at 11,872.75
Top gainers in the Sensex pack included Tata Motors, IndusInd Bank, ONGC, Axis Bank, M&M, L&T, NTPC, Maruti and HUL, rising up to 1.43%
Mumbai: Domestic equity benchmark BSE Sensex rose over 100 points in early trade on Thursday tracking positive cues from global markets ahead of the G-20 summit.
The 30-share index was trading 88.07 points, or 0.22 percent, higher at 39,680.15 at 0930 hours. Similarly, the broader NSE Nifty was quoting 25.20 points, or 0.21 percent, up at 11,872.75.
In the previous session Wednesday, the BSE gauge finished 157.14 points, or 0.40 percent, higher at 39,592.08, and the broader NSE Nifty jumped 51.10 points, or 0.43 percent, to 11,847.55.
Top gainers in the Sensex pack included Tata Motors, IndusInd Bank, ONGC, Axis Bank, M&M, L&T, NTPC, Maruti and HUL, rising up to 1.43 percent.
While, TechM, Sun Pharma, HCL Tech, PowerGrid, Bajaj Auto, RIL, HDFC Bank and Bharti Airtel fell up to 1.14 percent.
According to experts, equities are rallying globally as investors hope for progress in US-China trade talks at the G-20 summit scheduled to be held in Osaka, Japan, on 28-29June.
Elsewhere in Asian, Shanghai Composite Index, Hang Seng, Nikkei and Kospi were trading significantly higher in their respective early sessions.
Meanwhile, on a net basis, foreign institutional investors bought equities worth Rs 106.26 crore, while domestic institutional investors sold shares to the tune of Rs 51.47 crore, provisional data available with stock exchanges showed Wednesday.
On the currency front, the Indian rupee depreciated 15 paise to 69.30 against the US dollar.
The global oil benchmark Brent crude futures fell 0.35 percent to 65.46 per barrel.
Equity benchmarks returned to winning ways on Thursday after two days of declines as investors snapped up financial, pharma and IT stocks amid firm Asian cues
The BSE index was trading 596.78 points or 1.14 percent lower at 51,747.67, while NSE Nifty tumbled 175.35 points or 1.12 percent to 15,508
PowerGrid was the top gainer in the Sensex pack, rising around 2 percent, followed by Reliance Industries, ONGC, HCL Tech, Sun Pharma, Infosys and HDFC twins