Sensex up 80 points on Asian cues

March 26, 2010 09:51 am | Updated November 18, 2016 08:23 pm IST - Mumbai

The Bombay Stock Exchange benchmark Sensex rose by over 80 points in the opening trade today on continued capital inflows by foreign funds, which took cues from firming Asian bourses.

The 30-share index gained 80.10 points, or 0.46 per cent, to 17,640.25 points in the opening trade.

The wide-based National Stock Exchange index Nifty also moved up by 19.40 points, or 0.36 per cent, to 5,279.80 points.

Brokers said better trend on other Asian bourses and beginning of new settlement in the derivatives segment, mainly buoyed trading sentiments here.

Among gainers, Reliance Industries went up by 0.91 per cent to Rs 1,101.60, ICICI Bank by 1.14 per cent to Rs 940.55, Maruti Suzuki by 1.75 per cent to Rs 1,396, Mahindra and Mahindra by 1.56 per cent to Rs 1,071, Wipro by 1.13 per cent to Rs 727.15, Tata Steel by 0.63 per cent to Rs 639.85 and Sterlite Industries 0.19 per cent to Rs 822.80.

Beginning of new settlement in the derivatives segment, which triggered speculative buying by traders, also supported the uptrend in stock prices.

The Hong Kong’s Hang Seng index was up 0.20 per cent, while Japan’s Nikkei gained 0.70 per cent in the morning trade today.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.