Live
- Italian envoy Baroli hoping to strengthen ties with India through football
- CPI-M revokes suspension of Bengal party leader accused of sexual harassment
- Rachakonda Commissioner Emphasizes Health and Education at Uniform Diet Launch
- BJP leader visits late ASI Surendra Singh in Rajasthan, assures full govt support
- PM Modi tears into Gandhi family for its habit of amending Constitution
- Young Kabaddi Player Dies of Heart Attack During Match in Mandya
- Exciting Return of Santosh Trophy Football Tournament Kicks Off in Hyderabad
- Head Constable Dies by Suicide, Cites harssament by wife and inlaws
- Delhi BJP claims AAP govt will never pay women allowance like in Punjab
- India is 'Mother of Democracy': PM Modi
Sensex jumps over 150 points on funds inflow, global cues
Domestic equities opened on a firm note on Friday as the benchmark BSE Sensex surged over 150 points on the back of continued foreign fund inflow and appreciating rupee
Mumbai: Domestic equities opened on a firm note on Friday as the benchmark BSE Sensex surged over 150 points on the back of continued foreign fund inflow and appreciating rupee.
Positive leads from the US markets on optimism that the US and China may resolve their trade dispute, and a mixed trend at other Asian bourses too influenced sentiments here.
The 30-share index spurted 159.17 points, or 0.45 per cent, to 35,419.71 points with sectoral indices, led by healthcare, auto, FMCG, capital goods and banking, rising up to 1.03 per cent.
The barometer had gained 118.55 points on Thursday.
The NSE Nifty was trading 41 points, or 0.39 per cent, higher at 10,657.70.
Prominent gainers include Sun Pharma, Axis Bank, Asian Paint, RIL, M&M, Hero MotoCorp, TCS, HDFC Bank, Maruti Suzuki, PowerGrid, ICICI Bank, Tata Motors, Bajaj Auto, NTPC and Bharti Airtel, gaining up to 1.37 per cent.
On the other hand, continuing its fall, Yes Bank was the biggest loser, dropping up to 6 per cent. ONGC, Infosys, Tata Steel, Vedanta and Adani Ports too fell up to 3 per cent.
Meanwhile, the rupee was trading higher by 10 paise at 71.87 against the American currency in early deals Friday. There was continued buying by foreign funds for the second straight day on Thursday.
Foreign institutional investors (FIIs) accumulated shares worth a net of Rs 2,043.06 crore, while domestic institutional investors (DIIs) sold shares worth Rs 165.31 crore on Thursday, provisional data showed.
Elsewhere in Asia, Shanghai Composite Index rose 0.71 per cent, Korea's Kospi up 0.20 per cent, while Japan's Nikkei fell 0.52 per cent. The Dow Jones Industrial Average in the US ended 0.83 per cent higher on Thursday.
