Sensex up 84 points; Forex, money market closed

April 01, 2013 10:04 am | Updated June 10, 2016 05:40 am IST - Mumbai

Busy employees at a stock broker's office in Mumbai. File Photo: Vivek Bendre

Busy employees at a stock broker's office in Mumbai. File Photo: Vivek Bendre

Starting the new fiscal on a positive note, the BSE Sensex on Monday, gained 84 points in early trade on increased buying by funds as well as retail investors at prevailing levels.

The 30-share index rose by 83.98 points, or 0.44 per cent, to trade at 18,919.75 points, with sectoral indices led by oil and gas, capital goods and realty, trading in positive zone with gains up to 1 per cent.

The Sensex had gained 154.35 points in the previous two sessions.

The broad-based National Stock Exchange index Nifty rose by 22.10 points, or 0.38 per cent, to 5,704.65.

Brokers said value buying by funds and retail investors as stocks available at attractive levels, supported the upside but India’s Current Account Deficit touching a record high of 6.7 per cent in the October-December quarter forced participants to adopt cautious approach.

In the Asian region, Japan’s Nikkei fell by 1 per cent in early trade today, while Hong Kong markets remained closed.

The U.S. Dow Jones Industrial Average ended 0.36 per cent higher in previous session on Thursday.

Forex market Closed

There is no trading in the Interbank Foreign Exchange (Forex) and money market in Mumbai today for annual closing of bank accounts.

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.