Sensex rises 214 points in opening trade; Nifty tops 17,220
Highlight
- The 30-share index was trading 214.43 points or 0.37 per cent higher at 57,899.22 in early deals.
- Nifty rose 53.95 points or 0.31 per cent to 17,220.85. reached at
- M&M was the top gainer in the Sensex pack, up 2.38 per cent
Equity benchmark Sensex jumped over 214 points in early trade on Thursday, tracking gains in index majors HDFC twins, Reliance Industries and Maruti amid largely positive cues from Asian peers.
The 30-share index was trading 214.43 points or 0.37 per cent higher at 57,899.22 in opening deals. Similarly, the Nifty rose 53.95 points or 0.31 per cent to 17,220.85.
M&M was the top gainer in the Sensex pack, up 2.38 per cent. HDFC, PowerGrid, Titan, Sun Pharma, Maruti, HCL Tech and Reliance Industries were among other gainers. On the other hand, L&T, ICICI Bank, Nestle India, Axis Bank and Tech Mahindra were among the losers.
In the previous session, the 30-share BSE Sensex was up 619.92 points, or 1.09 per cent, at 57,684.79. Similarly, the NSE Nifty rose 183.70 points or 1.08 per cent to 17,166.90.
Elsewhere in Asia, shares in Shanghai, Hong Kong and Seoul were trading with gains in mid-session deals, while Tokyo was in the red. Stock exchanges in the US ended the overnight session with losses. International oil benchmark Brent crude rose 1.07 per cent to $69.61 a barrel.
Meanwhile, India’s merchandise exports rose 26.49 per cent to USD 29.88 billion in November on better performance by key sectors, while crude oil and gold imports widened the trade deficit to a record high of USD 23.27 billion.
Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 2,765.84 crore on Wednesday, according to exchange data.
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