Follow Us:
Tuesday, June 28, 2022

Sensex up 65 points in early trade,NSE Nifty surges 17.95 points

In other Asian markets, Japan's Nikkei was up 0.46 per cent while Hong Kong's Hang Seng rose 0.04 per cent in early trade today.

By: PTI | Mumbai |
February 21, 2017 10:13:13 am

sensex, nifty, markets, nse, stock exchange, mumbai stock exchange, bse india, rupee, share price, share value

The benchmark BSE Sensex rallied around 65 points in early trade today on sustained buying by funds and retail investors amid firm Asian cues.

Moreover, covering-up of short positions by speculators in view of approaching monthly expiry in the derivatives segment on Thursday contributed to the rally. Rising for the fourth straight session, the BSE 30-share barometer gained 64.52 points, or 0.22 per cent, to 28,726.10.

Subscriber Only Stories
Skin Allergies In Children – What parents need to know?Premium
What makes KuCoin P2P Trading Platform a Good Choice To Buy Crypto?Premium
Airtel Demonstrates Immersive Video Entertainment On 5G; Recreates Kapil ...Premium
Is It A Good Idea To Keep One Account For All Your Financial Transactions?Premium

The gauge had gained 506.02 points in the previous three sessions. All sectoral indices, led by metal, IT and power, were in the green, gaining up to 2.04 per cent.

Also, the NSE Nifty surged 17.95 points, or 0.22 per cent, to 8,897.15.

Brokers said that a pick-up in buying activity coupled with covering-up of short position by speculators in the face of February month’s expiry in the derivatives segment on Thrusday had a positive impact too.

Firming trend at other Asian markets was another factor behind today’s rally on the domestic bourses here.

In other Asian markets, Japan’s Nikkei was up 0.46 per cent while Hong Kong’s Hang Seng rose 0.04 per cent in early trade today. Shanghai Composite Index edged higher by 0.15 per cent.

The US markets remained closed Monday for a public holiday.

Hot Offer Putin claims victory in Mariupol, leaving Ukrainian defenders holed up Subscribe Now

📣 Join our Telegram channel ( The Indian Express ) for the latest news and updates

For all the latest Business News, download Indian Express App.

  • Newsguard
  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
  • Newsguard

Featured Stories

Latest Comment
Post Comment
Read Comments