Sensex jumps over 200 points in early trade, Nifty crosses 17,900
The Sensex jumped over 200 points in early trade amid positive global markets and led by gains in HDFC Bank, ICICI Bank and Reliance Industries. After touching another high of 60,339.28, the 30-share Sensex rallied slightly but was still trading 245.62 points or 0.41 per cent higher at 60,294.09. Similarly, the Nifty closed at 17,923.10, up 69.90 points or 0.39 per cent. Maruti was the top gainer in the Sensex gainer by over two per cent and was followed by HDFC Bank, SBI, Bajaj Auto, M&M, Axis Bank and IndusInd Bank. On the other hand, Nestle India, Tech Mahindra, Dr Reddy’s and ITC suffered losses. In the previous session, the 30-share index rose 163.11 points or 0.27 per cent to a record high of 60,048.47 while the Nifty also edged higher at 17,853.20, up 30.25 points or 0.17 per cent. Foreign institutional investors (FIIs) were net buyers in the capital market and bought shares worth Rs 442.49 crore on Friday, according to stock exchange data. Among other Asian equities, shares in Shanghai fell more than a per cent in mid-session deals, while those in Tokyo, Seoul and Hong Kong were trading with gains. Meanwhile, international oil benchmark Brent crude rose 1.18 per cent to $78.14 per barrel.
