Sensex Grows Over 100 Pts., Nifty above 11, 850

Sensex Grows Over 100 Pts., Nifty above 11, 850
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National equity benchmark BSE Sensex rose over 100 points in earlier trade Thursday monitoring positive cues from global markets ahead of the G-20 summit.

The 30-share index was exchanging 88 .07 points or 0 .22 percent, higher at 39, 680 .15 at 0930 hours. Likewise, the broader NSE Nifty was quoting 25 .20 points, or 0.21 percent, up at 11, 872 .75.

In the earlier session Wednesday, the BSE gauge did 157 .14 points, or 0 .40 percent, higher at 39, 592 .08, and the broader NSE Nifty jumped 51 .10 points, or 0 .43 percent, to 11, 847 .55.

Top gainers in the Sensex pack integrated Tata Motors, IndusInd Bank, ONGC, Axis Bank, M&M, L&T, NTPC, Maruti and HUL, rising up to 1 .43 percent.

Whilst, TechM, Sun Pharma, HCL Tech, PowerGrid, Bajaj Auto, RIL, HDFC Bank and Bharti Airtel fell up to 1.14 percent.

Based on experts, equities are rallying globally as traders hope for progress in US-China trade talks at the G-20 summit scheduled to be kept in Osaka, Japan, on June 28-29.

Elsewhere in Asian, Shanghai Composite Index, Hang Sang, Nikkei, and Kospi were exchanging significantly higher in their respective early sessions.

In the meantime, on a net basis, foreign institutional investors bought equities worth Rs 106 .26 crore, whilst domestic institutional investors exchanged shares to the tune of Rs 51 .47 crore, provisional data available with stock exchanges showed Wednesday.

On the currency front, the Indian rupee depreciated 15 paise to 69 .30 against the US dollar.

The global oil benchmark Brent crude futures fell 0 .35 percent to 65 .46 per barrel.

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