Sensex Rises 145 Pts in Early Trade on Fund Inflows

Published: 19th January 2015 10:06 AM  |   Last Updated: 19th January 2015 10:06 AM   |  A+A-

By PTI

MUMBAI: The benchmark BSE Sensex today rose by over 145 points in early trade, extending its winning streak for the third straight session on sustained overseas fund inflows and better-than-expected quarterly earnings.

Besides, a mixed trend at other Asian markets influenced trading sentiments here.

The 30-share index rose by 145.92 points, or 0.52 per cent, to 28,267.81 points. The gauge had gained 775.07 points in the previous two sessions.

The wide-based Nifty of the National Stock Exchange moved up by 35.20 points, or 0.41 per cent, to 8,549.00.

Brokers said apart from heavy purchases made by foreign funds on the domestic bourses on Friday, encouraging corporate earnings and a mixed trend at other Asian markets on a strong pick-up in oil prices mainly buoyed trading sentiments.

Stocks of Wipro rose 6.87 per cent to Rs 593.40 after company's net profit rose 9 pc to Rs 2,192.8 crore in Q3.

Among Asian markets, Hong Kong's Hang Seng declined by 0.63 per cent, while Japan's Nikkei rose by 0.81 per cent in early trade today.

The Dow Jones Industrial Average ended 1.10 per cent higher on last Friday.

Stay up to date on all the latest Business news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp