Saturday, February 27, 2021
Home BUSINESS Markets Sensex jumps over 100 points in opening session; Nifty tops 10,800

Sensex jumps over 100 points in opening session; Nifty tops 10,800

Equity benchmark Sensex advanced over 100 points in early trade on Wednesday led by gains in HDFC twins, Reliance Industries and ITC amid sustained foreign fund inflow.

The 30-share index was trading 101.08 points, or 0.28%, higher at 36,775.60. The NSE Nifty was up 34.60 points, or 0.32%, at 10,834.25.

IndusInd Bank was the top gainer in the Sensex pack, rallying around 4%, followed by SBI, Tata Steel, Bajaj Auto, ITC, HDFC duo and Reliance Industries. On the other hand, Infosys, HCL Tech, UltraTech Cement, Maruti and Axis Bank were among the laggards.

In the previous session, the BSE barometer ended 187.24 points or 0.51% higher at 36,674.52; while the NSE Nifty settled with 36 points or 0.33% gains at 10,799.65.

Foreign institutional investors were net buyers in the capital market on Tuesday, purchasing equities worth ₹829.90 crore, provisional exchange data showed. According to traders, stock-specific gains and sustained foreign fund inflow buoyed domestic investor sentiment. However, weakness in global equities amid rising number of COVID-19 cases capped the gains, they said.

Bourses in Shanghai and Hong Kong were trading with gains, while those in Tokyo and Seoul were in the red. Stock exchanges on Wall Street ended on a negative note in overnight session. Meanwhile, international oil benchmark Brent crude futures fell 0.16% to $43.01 per barrel.

You have reached your limit for free articles this month.

To get full access, please subscribe.

Already have an account ? Sign in

Show Less Plan

Subscription Benefits Include

Today’s Paper

Find mobile-friendly version of articles from the day’s newspaper in one easy-to-read list.

Faster pages

Move smoothly between articles as our pages load instantly.

Unlimited Access

Enjoy reading as many articles as you wish without any limitations.

Dashboard

A one-stop-shop for seeing the latest updates, and managing your preferences.

Personalised recommendations

A select list of articles that match your interests and tastes.

Briefing

We brief you on the latest and most important developments, three times a day.

*Our Digital Subscription plans do not currently include the e-paper ,crossword, iPhone, iPad mobile applications and print. Our plans enhance your reading experience.

Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Indian Staffing Market will be the largest market in the world, today the industry is an over 6 billion dollar industry, says Mr Sultan...

Mumbai: According to Mr Sultan Khan, Founder & Director of EaseConnect HR Services Pvt. Ltd. Indian Staffing Market will be the largest market in...

HSE Interview Questions & Answers

What is Safety? The condition of being protected from or unlikely to cause danger, risk, or injury is Called Safety. What is the accident? It is an...

Putham Pudhu Kaalai trailer: Five Tamil filmmakers bring five stories of love in the time of Covid-19

The trailer of Amazon Prime’s upcoming Tamil film Putham Pudhu Kaalai was unveiled on Monday by filmmaker Mani Ratnam and composer A.R Rahman. Tamil...