Home Economy Sensex rises 160 points, Nifty above 12,900

Sensex rises 160 points, Nifty above 12,900

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New Delhi: Markets opened on a optimistic word on Monday monitoring positive aspects in index-heavyweights Reliance Industries amid largely optimistic cues from world markets and sustained international fund influx.

The BSE Sensex rose 159.96 factors or 0.36 p.c to 44,042.21 in early commerce. Similarly, the NSE Nifty jumped 48.75 factors or 0.38 p.c to 12,907.80.

Major gainers within the Sensex pack have been IndusInd Bank, Bajaj Finserve, NTPC, RIL, Bajaj Finance, Tata Steel, ONGC, Sun Pharma, Powergrid, TCS, Nestle and Tech Mahindra, rising upto 3.92 p.c. On the opposite hand, main losers have been HDFC, ICICI Bnak, M&M, Axis Bank, HDFC Bank, ITC, SBI, Titan, Bharti Airtel, Kotak Bank, HUL, and Bajaj Auto, falling upto 2.87 p.c.

In the earlier session, Sensex ended 282.29 factors or 0.65 per cent larger at 43,882.25, whereas the Nifty rose 87.35 factors or 0.68 per cent to shut at 12,859.05.

Foreign institutional traders remained internet patrons within the capital market as they bought shares value Rs 3,860.78 crore on Friday, based on provisional trade knowledge.

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MSCI`s broadest index of Asia-Pacific shares outdoors Japan was up 0.56% on Monday. Seoul`s Kospi was 1.82% larger as an optimistic earnings outlook for South Korean chip giants drove positive aspects. Japanese markets have been closed for a vacation, however Nikkei futures added 0.19% to 25,795. Chinese blue-chips added 0.69%. Hong Kong`s Hang Seng was an outlier, edging down 0.2%, a Reuters report mentioned.

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