Sensex rises over 600 points amid strong global market trend, Nifty above 15,700

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Sensex rose over 600 points, Nifty at 15,700. at over

Equity benchmark indices continued to rise on Friday, reflecting a firm trend in global markets, with the BSE Sensex rising 644 points in early trade.

The 30-share BSE Sensex was trading at 52,909.87, up 644.15 points in early trade. The NSE Nifty also rose 192.6 points to 15,749.25.

From the Sensex pack, IndusInd Bank, Hindustan Unilever, Bharti Airtel, Reliance Industries, UltraTech Cement, Dr Reddy’s, ICICI Bank and HDFC Bank were the major gainers. On the other hand, Tech Mahindra, Asian Paints and Maruti Suzuki India were lagging behind.

Elsewhere in Asia, markets in Tokyo, Seoul, Hong Kong and Shanghai were in the green in mid-session deals. On Thursday, the US markets closed with gains.

Prashant Taapsee, Vice President (Research), Mehta Equities Ltd.

International oil benchmark Brent crude fell 0.17 per cent to $109.86 per barrel.

On Thursday, the BSE Sensex closed at 52,265.72 with a gain of 443.19 points or 0.86 per cent. The NSE Nifty ended 143.35 points or 0.93 per cent higher at 15,556.65.

Foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 2,319.06 crore on Thursday, according to exchange data.

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