BSE Sensex up around 100 points, foreign inflows help
- Naxal threat has to be quashed with a firm hand, says Pranab, as Maoists kill 16 in Chhattisgarh ambush
- Bangalore fund-raiser: Dine with Kejriwal for Rs 20,000
- Malaysia asks India to join search for missing plane
- Khobragadeâs help, husband cite âdifferencesâ, file for divorce
- President not for executing Bhullar, MHA disagrees
The BSE Sensex is trading higher on the back of strong flows from foreign institutional investors (FIIs), who were net buyers of 9.9 billion rupees worth of shares on Friday, according to exchange data.
FIIs have bought more than $517 million in equities in the last two trading sessions, even after the US Fed announced last week a long-expected decision to trim its bond purchases.
The BSE Sensex was up 98 points and the Nifty gained 30 points as of 11.06 am.
A range of blue chips lead gainers, with
State-run banks also gain on value buying:
United Spirits Ltd (USPL) is down 2.11 per cent after a regional court annuls sale of the Indian spirits maker to British group Diageo Plc.
BSE Sensex gains 105 points in early trade
(PTI) The benchmark BSE Sensex rose by almost 105 points in early trade today on sustained buying by funds and retail investors amid a firming trend in other Asian markets.
Extending its rising streak for the second straight session, the 30-share index was up by 104.82 points, or 0.50 per cent, to 21,184.54 with all the sectoral indices, led by capital goods and oil and gas, trading in positive territory, rising up to 1.11 per cent.
The Sensex had gained 371.10 points in the previous session.
The wide-based NSE Nifty also moved up by 31.55 points, or 0.50 per cent, to 6,305.80.
Brokers said continued buying by funds and retail investors amid a firming trend on other Asian bourses after Friday's gain in the US markets, as economic growth figures came in well above expectations, influenced the trading sentiment here.
- AAP workers stage protest outside Kejriwal’s residence over ticket distribution
- BJP boycotts NDTV over news gaffe | The Indian Express
- Out of the promised 50,000 homes for the poor, not even 50 constructed in Gujarat by BJP: Kejriwal
- Kejriwal Gujarat tour: The unfamiliar politician | The Indian Express