Mumbai: Equity benchmark Sensex jumped over 100 points in early trade on Friday, tracking gains in major indices Infosys, TCS and HCL Tech amid a positive trend in global markets. After volatility in early trade, the 30-share index rose 114.57 points, or 0.20 per cent, to 57,429.85. Similarly, the Nifty closed at 17,101.10, up 28.50 points or 0.17 per cent.
UltraTech Cement, TCS, Asian Paints, Infosys and Dr Reddy’s and Wipro were among the top gainers in the Sensex pack, rising over 2 per cent. On the other hand, IndusInd Bank, Kotak Bank and NTPC were the laggards.
In the previous session, the 30-share equity benchmark jumped 384.72 points or 0.68 per cent to 57,315.28 and the NSE Nifty rose 117.15 points or 0.69 per cent to 17,072.60. According to analysts, in global markets, domestic stocks are following a broader positive trend in the market. However, the indices are expected to trade with volatility as investors would prefer to book profits at higher levels.
Meanwhile, foreign institutional investors (FIIs) remained net sellers in the capital market as they sold shares worth Rs 271.59 crore on Thursday, according to stock exchange data. Elsewhere in Asia, shares in Hong Kong, Tokyo and Seoul were trading with gains in mid-session deals, while Shanghai was in the red.
Stock exchanges in the US ended on a positive note in the overnight session. Meanwhile, international oil benchmark Brent crude fell 0.10 per cent to $76.52 a barrel.
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