Mumbai, India (BBN) – The benchmark BSE Sensex was trading higher by over 100 points on fresh buying by investors in blue-chip stocks amid a firm trend in Asian markets.
Brokers said investors turned net buyers due to a firm trend in Asian bourses, reports The Hindu Business Line.
At 11:25am, the 30-share BSE index Sensex was up 111.16 points or 0.38 per cent at 29,278.84 and the 50-share NSE index Nifty was up 33.75 points or 0.37 per cent at 9,064.20.
Among BSE sectoral indices, oil & gas index was the star-performer and was up 1.42 per cent, realty 1.23 per cent, capital goods 1.21 per cent and 1.02 per cent.
Major Sensex gainers were GAIL (+2.1 per cent), Tata Motors (+1.76 per cent), NTPC (+1.52 per cent), Hero MotoCorp (+1.31 per cent) and Wipro (+1.29 per cent), while the top five losers were ITC (-0.66 per cent), HUL (-0.5 per cent), TCS (-0.17 per cent), HDFC Bank (-0.16 per cent) and Cipla (-0.15 per cent).
The BSE Mid-Cap index was up 0.87 per cent and the BSE Small-Cap index was also up 0.97 percent.
Both these indices outperformed the Sensex.
The market breadth, indicating the overall health of the market, was strong.
Foreign portfolio investors (FPIs) bought shares worth Rs 356.64 crore yesterday, as per provisional data released by the stock exchanges.
Domestic institutional investors (DIIs) sold shares worth Rs 779.91 crore, as per provisional data.
Asian stocks, taking some cues from a steady Wall Street, edged up on Thursday while the path for the dollar, which crawled up from a four-month low, remained clouded by concerns about the prospects for US President Donald Trump’s pro-growth agenda.
MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 0.2 per cent.