GET Stock QuotesNews18 APP
News18 English
Powered by cricketnext logo
»
1-min read

Sensex Builds on Gains, Surges 249 Points in Early Trade

The NSE index Nifty too climbed 68.10 points or 0.77 per cent to 8,877.75.

Press Trust Of India

Updated:September 6, 2016, 10:03 AM IST
facebookTwittergoogleskypewhatsapp
Sensex Builds on Gains, Surges 249 Points in Early Trade
File photo of Bombay Stock Exchange building.

Mumbai: The benchmark BSE Sensex climbed 249 points in early trade on Tuesday, extending its weekend rally on continued buying amid a firming trend overseas after a slowdown in US job creation dimmed expectations of an interest rate rise by the Fed in September.

Moreover, services sector growing at its fastest pace in over three-and-half years in August and the rupee rising against the dollar also supported trading sentiment.

The 30-share index surged 248.75 points or 0.87 per cent to 28,780.86 with all the sectoral indices led by realty, banking and auto trading higher.

The gauge had rallied 108.63 points in the previous session on Friday. Stock exchanges remained closed on Monday on account of 'Ganesh Chaturthi'.

The NSE index Nifty too climbed 68.10 points or 0.77 per cent to 8,877.75.

Brokers said continued foreign fund inflows and persistent buying by investors amid a firming trend overseas buoyed trading sentiment.

A monthly PMI survey showing that India's services sector growth touched the highest level in over three-and-a-half years of 54.7 in August, from 51.9 in July, too lifted the mood.

Among other Asian markets, Hong Kong's Hang Seng was up 0.39 per cent and Japan's Nikkei gained 0.22 per cent, however, Shanghai Composite Index shed 0.10 per cent in early trade in today.

Read full article
Next Story
facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
HDFC Life 344.40 +54.40 +18.76
SBI 337.50 +4.10 +1.23
HDFC 1,705.50 +41.10 +2.47
ICICI Bank 325.10 +6.15 +1.93
Bank of Baroda 183.55 +0.75 +0.41
Company Price Change %Gain
HDFC Life 343.70 +53.70 +18.52
ICICI Bank 325.10 +5.95 +1.86
SBI 337.40 +3.95 +1.18
Rain Industries 329.75 -17.35 -5.00
PNB 190.70 +1.25 +0.66
Top Gainers
Company Price Change %Gain
Tata Power 88.95 +4.15 +4.89
Cipla 608.55 +15.70 +2.65
HDFC 1,705.50 +41.10 +2.47
Maruti Suzuki 8,348.35 +184.65 +2.26
Tata Steel 701.20 +14.85 +2.16
Company Price Change %Gain
Cipla 608.65 +15.65 +2.64
HDFC 1,701.00 +37.05 +2.23
Maruti Suzuki 8,340.70 +175.20 +2.15
Tata Steel 701.35 +14.70 +2.14
Tata Motors 421.45 +7.95 +1.92
Top Losers
Company Price Change %Gain
Tech Mahindra 484.55 -15.35 -3.07
Infosys 970.95 -17.45 -1.77
Bosch 18,965.90 -292.55 -1.52
TCS 2,707.30 -39.35 -1.43
HCL Tech 840.00 -11.90 -1.40
Company Price Change %Gain
Infosys 970.95 -17.65 -1.79
TCS 2,710.10 -36.50 -1.33
ONGC 177.50 -1.85 -1.03
Wipro 294.75 -2.90 -0.97
Asian Paints 1,171.10 -8.95 -0.76

Live TV