The BSE benchmark Sensex jumped over 170 points in the morning trade today as funds and retail investors enlarged their positions, taking cues from a firming trend in other Asian bourses.
At 9.45 a.m., the Sensex was up 173.42 points or 0.96 per cent at 18,314.82 and the Nifty up 50.55 points or 0.93 per cent at 5,478.65.
Volume toppers during the session were L&T, SBI, RIL, Tata Steel and ICICI Bank. Major Sensex gainers were L&T, ICICI Bank, HDFC, RIL, Bharti Airtel, ONGC and SBI. Infosys, HDFC Bank and Tata Steel were the major losers.
All the sectoral indices were trading in green. Among them, capital goods was up 2.43 per cent, bankex 1.00 per cent, auto 0.96 per cent and power 0.85. Of the total 1,675 stocks traded, 1,083 advanced, 512 declined and 80 remained unchanged.
In the opening session, the 30-share BSE index, which gained 55.2 points on Thursday, moved up further by 77.10 points to 18,218.50. Similarly, the broad-based National Stock Exchange Nifty index rose 25.7 points to 5,453.80.
Besides a firming trend in other Asian bourses, easing food inflation and a decline in crude oil prices in the global market also boosted the domestic trading sentiment.
Meanwhile in other Asian markets, Hong Kong’s Hang Seng index was trading up by 0.24 per cent, while Japan’s Nikkei edged higher by 0.29 per cent in the morning trade. The US Dow Jones Industrial average ended 0.36 per cent higher on Thursday.
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