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

Sensex Climbs 161 Points Ahead of RBI Policy Meet, on Asian Cues

Market benchmark Sensex rescaled the key 28,000-mark by surging almost 161 points in early trade today on optimistic buying ahead of the RBI policy review tomorrow amid a firming rupee.

Press Trust Of India

Updated:October 3, 2016, 11:21 AM IST
facebookTwittergoogleskypewhatsapp
Sensex Climbs 161 Points Ahead of RBI Policy Meet, on Asian Cues
A man walks past the Bombay Stock Exchange (BSE) building in Mumbai. (Reuters)

Mumbai: Market benchmark Sensex rescaled the key 28,000-mark by surging almost 161 points in early trade on Monday on optimistic buying ahead of the RBI policy review tomorrow amid a firming rupee.

Firm Asian cues on easing fears about future of German giant Deutsche Bank also gave sentiment here a leg-up.

Rising for the second day, the 30-share index advanced 160.79 points, or 0.57 per cent, to 28,026.75, with auto, realty, healthcare, metal, capital goods and consumer durable stocks leading the gainers.

The rupee strengthened by 13 paise against the dollar to 66.48 in early trade in the forex market.

The gauge had gained 38.43 points in the previous volatile session on Friday. The NSE Nifty perked up 60.85 points, or 0.70 per cent, to 8,672.

Brokers said widening of bets by investors and funds ahead of the monetary policy review due tomorrow and heavy purchases by domestic financial institutions added to the positive mood.

Auto stocks were in the limelight amid encouraging September sales data announcement.

Maruti Suzuki was trading higher by 3.39 per cent at Rs 5,664.70 and Hero MotoCorp was up 2.74 per cent at Rs 3,508.05 while Bajaj Auto gained 2.39 per cent at Rs 2,899.70.

Tata Motors advanced 1.88 per cent at Rs 544.80 and M&M was trading 0.79 per cent higher at Rs 1,417.

Among other Asian markets, Hong Kong's Hang Seng was up 1.38 per cent while Japan's Nikkei surged 1.12 per cent in early session today. Financial markets in China are closed today for a public holiday.

The US Dow Jones Industrial Average ended 0.91 per cent higher on Friday.

Read full article
Next Story
facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Reliance 909.90 -4.60 -0.50
Dewan Housing 594.35 -8.15 -1.35
GNFC 472.60 +28.85 +6.50
Axis Bank 460.30 -4.20 -0.90
Bharti Airtel 473.75 +11.80 +2.55
Company Price Change %Gain
GNFC 472.30 +28.60 +6.45
Reliance 910.35 -3.40 -0.37
Axis Bank 460.35 -4.00 -0.86
Dewan Housing 595.40 -6.40 -1.06
Aditya Birla 183.70 +3.35 +1.86
Top Gainers
Company Price Change %Gain
Bharti Airtel 473.75 +11.80 +2.55
UPL 793.70 +4.35 +0.55
M&M 1,375.75 +5.20 +0.38
Infosys 926.95 +2.60 +0.28
Lupin 1,051.20 +2.00 +0.19
Company Price Change %Gain
Bharti Airtel 471.05 +9.50 +2.06
Lupin 1,052.50 +3.60 +0.34
Infosys 927.10 +2.65 +0.29
M&M 1,374.80 +3.50 +0.26
BHEL 84.80 +0.10 +0.12
Top Losers
Company Price Change %Gain
ICICI Bank 257.85 -5.30 -2.01
NTPC 175.05 -3.00 -1.68
Kotak Mahindra 1,077.75 -18.15 -1.66
Coal India 285.80 -4.20 -1.45
Tata Motors 426.95 -6.25 -1.44
Company Price Change %Gain
ICICI Bank 257.85 -5.20 -1.98
Kotak Mahindra 1,079.35 -18.05 -1.64
NTPC 175.15 -2.85 -1.60
Tata Motors 427.25 -6.30 -1.45
Coal India 286.20 -4.00 -1.38

Live TV