Benchmark indices extended the previous day’s rally; NSE Nifty jumps 99.3 points to reach 17,344.35
Benchmark indices extended the previous day’s rally; NSE Nifty jumps 99.3 points to reach 17,344.35
Benchmark equity indices opened higher on Friday, extending the rally recorded in previous trade, with the Sensex jumping over 296 points in early trade on a firming trend in global markets.
The 30-share BSE benchmark was trading 296.45 points higher at 57,817.51, while the NSE Nifty jumped 99.3 points to 17,344.35.
Early gainers from the Sensex pack included Sun Pharma, Tata Steel, Dr Reddy’s, IndusInd Bank, M&M, Kotak Mahindra Bank and ICICI Bank.
In contrast, Axis Bank, Power Grid, ITC, Hindustan Unilever Ltd and Nestle were among the laggards.
Asian markets in Hong Kong, Shanghai and Seoul were trading in green in mid-session deals.
Shares in the US closed with significant gains on Thursday.
On Thursday, the BSE benchmark had jumped 701.67 points or 1.23% to end at 57,521.06. Nifty closed 206.65 points or 1.21% higher at 17,245.05.
Meanwhile, international oil benchmark Brent crude rose 0.2% to $107.80 a barrel.
Foreign institutional investors became net buyers as they bought shares worth ₹743.22 crore on Thursday, after continuous selloff over the past several days, according to stock exchange data.