Sensex builds on gains, up 50 points in early trade

07-03-2017
DH

 

The benchmark BSE Sensex rose about 50 points in early trade today on sustained buying by funds and retail investors amid mixed global cues.

Rising for the second straight session, the BSE 30-share barometer surged 49.98 points, or 0.17 per cent, to 29,098.17.

The gauge had rallied 215.74 points in the previous session.

Sectoral indices, led by power, oil & gas, consumer durables, PSU, FMCG, capital goods, auto and banking, were in the green, gaining by up to 0.69 per cent.

Shares of Adani Power surged 5.58 per cent to Rs 40.70, while Reliance Power was quoting 3.63 per cent higher at Rs 48.55.

Also, the NSE Nifty was quoting 14.40 points, or 0.16 per cent higher at 8,977.85.

Brokers said pick-up in buying activity, coupled with robust foreign fund inflows and a mixed trend in other Asian markets influenced trading sentiments.

In other Asian markets, Hong Kong’s Hang Seng rose 0.30 per cent, while Japan’s Nikkei was down 0.17 per cent in early trade today. Shanghai Composite Index also shed 0.10 per cent.

The US Dow Jones Industrial Average ended 0.24 per cent lower yesterday

Write your Comments on this Article

Disclaimer: Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Konkanworld.com will not be responsible for any defamatory message posted under this article. Please note that under 66A of the IT Act, sending offensive or menacing messages through electronic communication service and sending false messages to cheat, mislead or deceive people or to cause annoyance to them is punishable. It is obligatory on Konkanworld.com to provide the IP address and other details of senders of such comments, to the authority concerned upon request. Hence, sending offensive comments using Konkanworld.com will be purely at your own risk, and in no way will Konkanworld.com be held responsible. Similarly, Konkanworld.com reserves the right to edit / block / delete the messages without notice any content received from readers.

  • Konkan World
  • Stay Connected
  • Facebook Google+ Twitter YouTube

KONKAN WORLD offers accurate, up-to-date, a large collection of videos from KONKAN WORLD VIDEOS and indulge in fun you will not find else where!.
© Copyright 2014 Konkanworld media Inc