36 C
New Delhi
September 25, 2020

Sensex jumps over 150 points; Nifty nears 12,200

Reading Time: 2 minutes

SBI was the top gainer in the Sensex pack, rising up to 2.14 % whereas TCS emerged as the top loser, shedding up to 0.68 %

Equity benchmark BSE Sensex jumped over 150 points in the opening session on Friday tracking gains in index-heavyweights RIL, SBI, and HDFC twins amid positive global cues.

The 30-share BSE index was trading 161.85 points or 0.39 percent higher at 41,325.61, and the broader NSE Nifty rose 57.70 points or 0.48 percent to 12,184.25. SBI was the top gainer in the Sensex pack, rising up to 2.14 percent, followed by Power Grid, Axis Bank, Bharti Airtel, Reliance Industries (RIL), Maruti and HDFC twins.

On the other hand, TCS was the top loser, shedding up to 0.68 percent. Tata Steel, HUL, HCL Tech, Bajaj Auto and Tech Mahindra were also trading in the red.

In the previous session, the 30-share gauge ended 297.50 points, or 0.72 percent, lower at 41,163.76. Similarly, the Nifty closed 88 points, or 0.72 percent, down at 12,126.55.

Meanwhile, on a net basis, foreign institutional investors sold equities worth Rs 504.13 crore, while domestic institutional investors purchased shares worth Rs 120.46 crore on Thursday, data available with the stock exchange showed.

According to traders, the domestic equities followed global stocks that rose on easing trade tension between the US and China.

We expect the domestic market to wait for cues from the budget; they said.

Bourses in Shanghai, Hong Kong, Tokyo, and Seoul were trading significantly higher in their respective early sessions.

Shares on Wall Street too ended on a positive note on Thursday.

Brent futures, the global oil benchmark, rose 0.16 percent to USD 68.03 per barrel.

Meanwhile, the rupee appreciated 5 paise to 71.25 against the US dollar in the morning session.

0 0 vote
Article Rating

Related posts

Eco Survey projects 6%-6.5% growth for 2020-21, hints economy bottomed out

Ritu Nandal

Petrol and diesel prices increased for the 8th consecutive day

Ritu Nandal

RBI quarantines its 50 employees due to corona

Ritu Nandal
Notify of
Inline Feedbacks
View all comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Translate »
Would love your thoughts, please comment.x