Sensex trading nearly 200 points higher at 33147, Nifty rises to 10231; Tata Motors, Adani Ports and Bharti Airtel top
08 Декабря, 2017, 09:16
Key Indian equity domestic indices- BSESensex and NSE Nifty opened on a positive note during early morning trade on Friday. While the Sensex rose 188 points to 33,137, Nifty was up 63 points to 10,229 level. Sustained buying in the trade on Thursday trade provided cushion to the indices that eventually led to both the Sensex and Nifty wrapping up the session with gains of over 1%.
On Thursday, the Sensex had rallied 352 poins to close at 32,949.21 while the Nifty finished at 10,166.70.
On Wednesday, the key indices were dragged lower by interest-rate sensitive stocks like banking, metals and capital goods.
Brokers said buying by domestic institutional investors (DIIs) and a firm trend at other Asian bourses improved the market sentiment.
The 30-share index was trading higher by 246.04 points or 0.75 percent at 33,195.25 at 1100 hrs.
Prominent gainers included Tata Motors, Bharti Airtel, Adani Ports, ICICI Bank, Axis Bank, Maruti Suzuki, ONGC, HDFC Bank, HDFC Ltd, Bajaj Auto, Wipro, TCS, Cipla, and SBI, gaining up to 1.68%.
In the global markets, Asian shares hovered near two-month lows on Thursday as softer oil and copper prices and uncertainty over U.S. policy kept many investors on the sidelines, even as some high-tech bellwethers bounced back after a searing sell-off.
The Dow and the S&P 500 rose around 0.3 percent each overnight while the tech-heavy Nasdaq added half a percent.
Japan's Nikkei index is now up over 1 percent while gains remained modest elsewhere across Asia ahead of key data due from China and the United States.
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