STOCK MARKET BSE NSE

Sensex gains 167 points in early trade on global cues

Sensex rallied over 167 points to 25,820.45 and Nifty regained the 7,900-mark in cautious trade amid firm global cues.

Published: 17th May 2016 10:05 AM  |   Last Updated: 17th May 2016 10:05 AM   |  A+A-

Sensex-reuters1232323362345

Sensex (File Photo | Reuters)

By PTI

MUMBAI: The benchmark BSE Sensex rallied over 167 points to 25,820.45 and the NSE Nifty regained the 7,900-mark in cautious trade today amid firm global cues. The 30-share index rose 167.22 points or 0.42 per cent to 26,415.52. The gauge had gained 163.66 points in the previous session.

Also, the NSE Nifty regained the 7,900-mark by rising 51.05 points or 0.65 per cent to 7,911.80. All the sectoral indices, led by oil&gas, realty and IT, were trading in the positive terrain with gains up to 1.42 per cent.

Brokers said sentiment remained positive following exit polls at the end of polling in Assam, West Bengal, Tamil Nadu, Kerala and Union Territory of Puducherry showed BJP winning Assam elections for the first time. Besides, a firm trend in other Asian markets and overnight gains in the US too had positive impact on domestic markets.

Among other Asian markets, Japan's Nikkei index was up 0.90 per cent while Hong Kong's Hang Seng index rose 0.40 per cent in morning trade.

The US Dow Jones Industrial Average ended 1 per cent up in yesterday's trade.



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