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Nifty Crosses 9,200-mark for First Time, Sensex Climbs 239 Points

Press Trust Of India

Updated: March 17, 2017, 10:14 AM IST
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Nifty Crosses 9,200-mark for First Time, Sensex Climbs 239 Points
(Photo Credit: Reuters)

Mumbai: Continuing its record-setting spree, the Nifty climbed over the 9,200-mark for the first time and the benchmark Sensex surged 239 points in early hours on Friday, with foreign investors continuing to pump up money.

The broader NSE Nifty crossed the key 9,200-mark by surging 64.70 points, or 0.70 percent, to trade at an all-time high of 9,218.40.

The 30-share index surged 238.77 points, or 0.80 percent, to trade at 29,824.62.

The gauge had added 187.74 points in the previous session, tracking firm global markets after the prospects of a gradual approach to US rate hike removed a big uncertainty.

Sectoral indices led by FMCG, realty, metal and power were trading in the positive zone with gains up to 2.97 percent.

The sentiment was up on strong inflow of foreign capital in the Indian bourses and hopes that the government will accelerate its reform agenda following the BJP's huge win in UP and Uttarakhand assembly elections last week.

Hong Kong's Hang Seng was up by 0.32 percent while Japan's Nikkei shed 0.34 percent in early trade on Friday. Shanghai Composite fell 0.17 percent.

The US Dow Jones Industrial Average ended marginally lower by 0.07 percent on Friday.

First Published: March 17, 2017, 10:14 AM IST
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