Sensex rises 162 points

Sensex rises 162 points

The benchmark BSE Sensex rallied around 162 points in early trade today on widespread gains as investors indulged in widening bets amid firm overseas cues. The BSE 30-share barometer surged 161.95 points, or 0.55 per cent, to 29,584.34. The gauge had gained 103.29 points in the previous two sessions.
All sectoral indices led by oil&gas, FMCG, PSU, metal and bank were in the green, gaining up to 0.72 per cent. Also, the NSE Nifty surged 47.25 points, or 0.51 per cent, to 9,183.65.
Reliance Industries gained the most among Sensex-30 constituents by climbing 1.62 per cent to Rs 1,391.55. Firming trend at other Asian markets, tracking overnight gains at the Wall Street on revived hopes of US tax cuts mainly accelerated buying activity on the domestic bourses, brokers said.
Sentiments also got a boost after Bank of Japan said it will keep accommodative policy in place. In other Asian markets, Japan’s Nikkei was up 0.86 per cent while Hong Kong’s Hang Seng rose 0.31 per cent in early trade today. Shanghai Composite Index was marginally up by 0.07 per cent.
The US Dow Jones Industrial Average ended 0.85 per cent higher yesterday.

Previous Dhamtari boy topped 10th board
Next Parliamentary panel calls RBI Governor Urjit Patel on note ban issue

About author

You might also like

Share Market News 0 Comments

Sensex skids 184 pts, Nifty goes below 9,100, RIL tanks

Equities started the week on a dull note as the Sensex today tumbled over 184 points to end at 29,237, weighed down by heavyweight RIL, which tanked after Sebi banned

Share Market News 0 Comments

Sensex 221 pts, Nifty below 9200; rupee gains

Equity benchmarks fell sharply on Friday, with the Nifty closing tad below psychological 9,200-mark amid geopolitical tensions after the US military launched cruise missiles against a Syrian airfield. However, the

Share Market News 0 Comments

Sensex , Nifty leap to new record highs on funds inflow

Raising the bar, the Sensex today shot up another 181 points to a fresh all-time intra-day high of 30,503 and the Nifty 9,482, with retail investors steering the ship amid

Share Market News 0 Comments

Sensex closes up 213 points, Nifty 0.60% higher ahead of economic data release

BSE Sensex rose on Tuesday after three consecutive sessions of falling as recent decliners such as IT stocks recovered, but overall sentiment was cautious ahead of the start of the

Share Market News 0 Comments

Sensex zooms 160 points on normal monsoon forecast

The benchmark BSE Sensex rallied about 160 points to trade above the key 30,000-mark in opening trade today, buoyed by forecast of a normal monsoon this year amid positive global

Share Market News 0 Comments

Sensex bounces 125 pts, Nifty above 9,200 early on

The quarterly earnings due to start this week provided markets a crucial leg-up today as the Sensex recouped 125 points and the Nifty topped 9,200 again amid a mixed Asian

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply