ZCZC
BCN-13
INDIA-MARKETS-SENSEX
Sensex jumps over 200 pts; Nifty nears 11,100
Mumbai, Aug 19, 2019 (BSS/PTI) – Domestic equity benchmark BSE Sensex rose
over 200 points in early trade on Monday tracking gains in index heavyweights
RIL, ICICI Bank and Infosys amid positive global cues.
The 30-share index pared some opening gains to trade 129.01 points or 0.35
per cent higher at 37,479.34 at 0945 hours; and the broader Nifty too rose
37.45 points or 0.34 per cent to 11,085.25 in morning trade.
In the previous session on Friday, the 30-share Sensex settled 38.80
points, or 0.10 per cent, higher at 37,350.33, while the NSE Nifty gained
18.40 points, or 0.17 per cent, to close at 11,047.80.
Top gainers in the Sensex pack included Sun Pharma, TechM, NTPC, L&T, HCL
Tech, Kotak Bank, ICICI Bank, TCS, Infosys, Bharti Airtel, ITC and RIL,
rising up to 3 per cent.
While, Yes Bank, PowerGrid, ONGC, SBI, Tata Steel and Vedanta fell up to
2.27 per cent.
Elsewhere in Asia, Hang Seng, Shanghai Composite Index, Nikkei and Kospi
were trading significantly higher in their respective late morning sessions,
on rising hopes of stimulus by global central banks to counter economic
slowdown.
According to traders, besides positive cues from other Asian markets,
domestic investor sentiment was upbeat on expectations of measures from the
government to boost growth and revive consumer sentiment.
Meanwhile, foreign portfolio investors sold shares worth a net of Rs
1,339.27 crore on Friday, while domestic institutional investors purchased
shares worth Rs 1,058.28 crore, provisional data showed.
On the currency front, the rupee appreciated 8 paise versus the dollar
against its previous close to trade at 71.06 in early session.
Brent crude futures, the global oil benchmark, rose 1.09 per cent to trade
at 59.28 per barrel.
BSS/AFP/HR/1350