Sensex gains over 100 points, Nifty above 10,350 on sustained buying


Team Udayavani, Apr 9, 2018, 10:25 AM IST

Mumbai: The benchmark BSE Sensex advanced over 100 points in early trade today on sustained buying by domestic institutional investors amid firm Asian cues. Continuing its upward march for the third straight session, the 30-share index rose 136.45 points, or 0.40 percent, to 33,763.42. The gauge had gained 607.90 points in the previous two sessions.

The NSE Nifty too was up 47.65 points, or 0.46 percent, at 10,379.25. Sectoral indices, led by consumer durables, metal, realty and capital goods stocks, were trading in the positive zone with gains of up to 1.40 percent.

Brokers said that a firm trend at other Asian markets on easing concerns about a sharp rise in US interest rates and buying by investors ahead of earnings season, scheduled to begin this week, helped lift market sentiment.

Major gainers were Kotak Bank, Yes Bank, IndusInd Bank, M&M, Asian Paint, RIL, HDFC, Bajaj Auto, Axis Bank, HDFC Bank, ITC, Wipro, Maruti Suzuki and Dr Reddy’s, gaining by up to 1.29 percent. Top losers were ICICI Bank, Bharti Airtel and Infosys, falling up to 2 percent.

Among other Asian markets, Japan’s Nikkei was up 0.06 percent while Hong Kong’s Hang Seng index rose 0.97 percent. Shanghai Composite Index too edged higher by 0.15 percent. The US Dow Jones Industrial Average, however, ended 2.34 percent down in Friday’s trade after Donald Trump warned of tariffs on an additional 6499.05₹ billion worth of Chinese imports.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

‘Charges against Adani in bribery case can be withdrawn if deemed unworthy after Trump takes over as President’

Andaman drug seizure: Police trying to get call record of satellite phone

Four women killed, 16 injured in van-truck collision in Gujarat’s Surendranagar

Gautam Gambhir flies back home for ‘personal emergency’, to rejoin in Adelaide

Low-intensity explosion outside Chandigarh bar-cum-lounge, say police sources

Essar Group co-founder Shashi Ruia dies at 80

Battle royal at Udaipur palace after BJP’s Vishvaraj Singh denied entry over family feud

Related Articles More

Essar Group co-founder Shashi Ruia dies at 80

Sensex, Nifty climb in early trade amid fresh foreign fund inflows

RBI Governor Shaktikanta Das hospitalised

Sensex reclaims 80k mark; Nifty surges over 1% after BJP-led Mahayuti’s win in Maharashtra

Rapid digital expansion to create over 1 lakh new jobs in fiber tech in India in next 5 years

MUST WATCH

Coconut Flower

Prakash Belawadi

Naxal Leader Vikram Gowda

Christmas Cake Fruit Mixing

DK Shivakumar


Latest Additions

Pantheerankavu domestic violence case: Victim again accuses husband of physical abuse

‘Charges against Adani in bribery case can be withdrawn if deemed unworthy after Trump takes over as President’

Sambhal returning to normal after violence; schools reopen, Internet remains suspended

Andaman drug seizure: Police trying to get call record of satellite phone

PM Modi greets people on Samvidhan Divas

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.