LIVE TV DownloadNews18 App
News18 English
»
1-min read

Sensex Rises 208 Points, Nifty Tops 10,400-Mark Ahead of F&O Expiry

NSE Nifty also reclaimed the 10,400-mark rising 65.70 points, or 0.63 per cent, to 10,426.10. The BSE 30-share barometer gained 207.77 points, or 0.61 per cent, to 33,911.36. The gauge had lost 593.88 points in the previous three sessions.

PTI

Updated:February 21, 2018, 11:06 AM IST
facebookTwittergoogleskypewhatsapp
Sensex Rises 208 Points, Nifty Tops 10,400-Mark Ahead of F&O Expiry
File Photo
Loading...
Mumbai: The benchmark BSE Sensex opened 208 points higher on Wednesday February 21st, 2018,snapping its three-day falling streak, as investors and domestic institutions widened their bets amid firm Asian cues.

Short-covering by speculators ahead of February Futures & Options expiry on Thursday added to the upward move.

NSE Nifty also reclaimed the 10,400-mark rising 65.70 points, or 0.63 per cent, to 10,426.10. The BSE 30-share barometer gained 207.77 points, or 0.61 per cent, to 33,911.36. The gauge had lost 593.88 points in the previous three sessions.

Sectoral indices led by IT, Tech, consumer durables and realty stocks were in the green, rising up to 0.91 per cent. Major gainers were Dr Reddy's, TCS, Infosys, HDFC, Bharti Airtel, ITC, Wipro and RIL, gaining up to 1.61 per cent.

Meanwhile, Coal India dropped 1.4 per cent in early trade on government decision to open the coal sector to private players. Gitanjali Gems remained weak and cracked another 9.85 per cent, while Punjab National Bank traded higher by 1.24 per cent in early deals.

Brokers said fresh buying in select blue chip stocks, coupled with covering-up of outstanding short positions ahead of the February Futures & Options (F&O) expiry on Thursday, had a positive impact on the market. Sustained buying by domestic institutional investors (DIIs)and a firm trend in other Asian bourses with investors awaiting the release of minutes from the US Federal Reserve's policy meeting later on Wednesday too influenced sentiments, they said.

On a net basis, DIIs bought shares worth Rs 1,437.24 crore, while foreign portfolio investors (FPIs) sold shares worth Rs 850.35 crore yesterday, as per provisional data released by stock exchanges.

In the Asian region, Hong Kong's Hang Seng was up by 1.15 per cent and Japan's Nikkei up by 0.64 per cent in early trade, while Shanghai Composite index remained shut on Wednesday, 21st February, 2018.

The US Dow Jones Industrial Average ended lower by 1.01 per cent on Tuesday's trade.

Catch the Biggest Newsmakers and the Biggest Newsbreaks on CNN-News18, your favourite English TV news channel. Keep watching CNN-News18 at just 50 Paise per Month. Contact your cable /DTH operator Now!
*Rental / capacity fee of Rs.130/- as charged by cable / DTH operator may apply. **GST extra.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 219.00 -1.02
Dr Reddys Labs 2,563.35 -3.90
Reliance 1,244.45 1.65
ITC 280.10 0.79
Axis Bank 686.60 -1.21
Company Price Change %Gain
Yes Bank 218.70 -1.04
Dr Reddys Labs 2,556.90 -4.21
Reliance 1,243.50 1.47
Jet Airways 232.55 2.99
GRUH Finance 239.30 -3.22
Top Gainers
Company Price Change %Gain
BPCL 327.85 3.87
NTPC 136.25 3.81
Power Grid Corp 181.50 3.74
Bharti Infratel 306.90 3.26
GAIL 317.75 3.18
Company Price Change %Gain
NTPC 136.20 4.13
Power Grid Corp 181.50 3.80
ONGC 135.10 2.27
Reliance 1,243.50 1.47
Larsen 1,243.25 1.31
Top Losers
Company Price Change %Gain
JSW Steel 266.90 -4.90
Sun Pharma 422.90 -4.08
Dr Reddys Labs 2,563.35 -3.90
Tata Steel 467.50 -3.12
Vedanta 147.30 -2.93
Company Price Change %Gain
Sun Pharma 423.30 -3.94
Tata Steel 467.45 -3.12
Vedanta 147.45 -2.87
Hero Motocorp 2,702.30 -2.75
Bajaj Finance 2,557.50 -1.90

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results