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

Sensex Builds on Gains, Surges 90 Points Ahead of GDP Data

The benchmark BSE Sensex surged over 90 points in early trade on Wednesday, extending its rally to the fourth straight session on continued buying by domestic institutional investors amid expectations of positive GDP data to be released later in the day.

Updated:November 30, 2016, 10:03 AM IST
facebookTwittergoogleskypewhatsapp
Sensex Builds on Gains, Surges 90 Points Ahead of GDP Data
Representative Image. (Image: PTI)

Mumbai: The benchmark BSE Sensex surged over 90 points in early trade on Wednesday, extending its rally to the fourth straight session on continued buying by domestic institutional investors amid expectations of positive GDP data to be released later in the day.

The 30-share index was trading higher by 90.06 points or 0.34 per cent, to 26,484.07 with the sectoral indices led by healthcare, consumer durables, realty, oil & gas and PSUs trading higher.

The gauge had gained 533.84 points in the previous three sessions.

The NSE index Nifty too was up 31.25 points or 0.38 per cent to 8,173.40.

Brokers said persistent buying by domestic institutional investors amid a firming trend in other Asian markets following positive lead from Wall Street's reaction to data showing the US economy expanded at a quicker rate than expected in the third quarter, influenced the trading sentiment here.

Besides, optimistic buying by investors ahead of GDP data to emerge later in the day, too lifted the mood, they said.

Among other Asian markets, Hong Kong's Hang Seng was up 0.19 per cent and Japan's Nikkei gained 0.12 per cent, however, Shanghai Composite Index shed 0.71 per cent in early trade on Wednesday.

The US Dow Jones Industrial Average ended 0.12 per cent higher in yesterday's trade.

Read full article
Next Story
facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
TCS 2,557.80 -70.60 -2.69
Maruti Suzuki 9,112.75 -7.90 -0.09
Tata Comm 701.05 +4.65 +0.67
Reliance 921.50 +6.85 +0.75
SBI 314.00 +0.70 +0.22
Company Price Change %Gain
HDFC 1,706.85 +9.40 +0.55
Reliance 920.55 +6.55 +0.72
Religare Enterp 60.25 +2.85 +4.97
Maruti Suzuki 9,117.95 +7.35 +0.08
Avenue Supermar 1,103.45 -4.10 -0.37
Top Gainers
Company Price Change %Gain
HPCL 437.25 +13.90 +3.28
Dr Reddys Labs 2,310.65 +49.95 +2.21
Cipla 590.45 +12.30 +2.13
Tech Mahindra 514.25 +10.65 +2.11
ITC 264.25 +5.25 +2.03
Company Price Change %Gain
Dr Reddys Labs 2,313.70 +52.90 +2.34
Cipla 591.00 +12.85 +2.22
ITC 263.90 +4.85 +1.87
M&M 1,431.70 +19.15 +1.36
Axis Bank 541.60 +6.65 +1.24
Top Losers
Company Price Change %Gain
TCS 2,557.80 -70.60 -2.69
GAIL 487.10 -4.70 -0.96
UPL 719.60 -6.45 -0.89
Aurobindo Pharm 665.35 -3.80 -0.57
Sun Pharma 514.40 -2.45 -0.47
Company Price Change %Gain
TCS 2,558.55 -68.75 -2.62
Sun Pharma 514.30 -2.50 -0.48
Larsen 1,188.85 -0.15 -0.01

Live TV

File is:/article-scroll-new.php