Saturday, 4 Jan 2025

Sensex Surges Over 100 Points, Nifty Hits 10,600

sensex-12-11-2018

Sensex Today: In the sectoral landscape, IT stocks led the gains as the Nifty IT index was up 1.52 per cent.

The domestic stock markets opened in the green on Monday ahead of key macroeconomic data. The S&P BSE Sensex started at 35,287.49 and the Nifty50 index of the National Stock Exchange (NSE) at 10,607.80. At 9:34 am, the 30-share Sensex traded at 35,297.50, up 138.95 points or 0.40 per cent and the 50-scrip Nifty was at 10,637.70, with a gain of 52.50 points or 0.50 per cent. Gaining between 1.73 per cent and 3.18 per cent, the top gainers in the Nifty pack were Tech Mahindra, Titan, HCL Technologies, Cipla, and JSW Steel.
Thirty six out of 50 Nifty stocks were in the green.

In the sectoral landscape, IT stocks led the gains as the Nifty IT index was up 1.52 per cent.

Building up of positions by domestic investors ahead of the release of index of industrial production (IIP) data for September and inflation data for October later in the day, buoyed trading sentiment, brokers were quoted as saying in a report by news agency Press Trust of India.

On Friday, foreign portfolio investors purchased net equites worth Rs. 614.14 crore, showed provisional NSE data. In the last session, the Sensex had closed at 35,158.55, down 79.13 points or 0.22 per cent and the Nifty had settled at 10,585.20 with a loss of 13.20 points or 0.12.

Meanwhile, Asian shares fell as soft Chinese economic data and falling oil prices rekindled anxiety about the outlook for world growth, reported news agency Reuters.

MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.17 per cent in early trade. Australian shares were down 0.08 per cent, while Japan’s Nikkei stock index eased 0.12 per cent.

 

Courtesy By :- NDTV

Leave a Reply

Your email address will not be published. Required fields are marked *