The BSE Sensex advanced nearly 54 points in opening trade today, spurred by a fresh spell of buying in select blue-chip stocks like Infosys, TCS and Sun Pharma amid mixed global cues.
Sustained buying by domestic institutional investors (DIIs) and short-covering of outstanding positions by speculators ahead of tomorrow’s June series expiry in the derivatives segment also supported the uptrend, brokers said.
The 30-share index was trading higher by 53.85 points, or 0.15 %, at 35,543.89.
IT, teck, healthcare and consumer durables indices were in the green, with gains of up to 0.86 %.
The NSE Nifty added 16.35 points, or 0.15 %, at 10,785.50.
Major gainers were TCS, Infosys, Sun Pharma, M&M, RIL, Wipro, HDFC Bank, Asian Paints, Kotak Bank, HDFC Ltd, Tata Motors and Yes Bank, rising by up to 1.62 %.
DIIs bought shares ₹ 238.05 crore, while foreign portfolio investors (FPIs) sold shares worth ₹ 538.40 crore yesterday, as per provisional data.
At other Asian markets, Singapore was up 0.25 % and Taiwan 0.12 %, while Japan’s Nikkei shed 0.33 % in their early deals. Hong Kong’s Hang Seng too fell 0.41 %.
The US Dow Jones Industrial Average ended 0.12 % higher yesterday.
