Asian Paints, ITC, were among the companies that led early gains on Nifty, and BSE Sensex. Positive global trends lifted the rupee versus the dollar…
Positive global indications lifted equity benchmark indices early Thursday. Early trade saw the 30-share BSE Sensex rise 182.62 points to 66,205.86, extending its previous day profit. The Nifty rose 54.35 points to 19,866.20.
Wipro, Asian Paints, Nestle, Mahindra & Mahindra, Bajaj Finserv, IndusInd Bank, and ITC gained the most on the Sensex.
UltraTech Cement and Hindustan Unilever lagged. Shanghai rose as Seoul and Hong Kong fell. US markets rose Wednesday. Brent fell 1.33 percent to USD 80.87 a barrel.
FIIs sold Rs 306.56 crore in stocks on Wednesday, according to market data.
Rupee rises versus dollar
The rupee rose 2 paise to 83.30 against the US dollar on Thursday as crude oil prices fell and local shares rose.
Forex dealers said the US dollar fell versus its major global rivals, supporting the rupee despite FII inflows.
Conclusion
Positive global indications lifted the BSE Sensex and Nifty early Thursday. The Sensex jumped 182.62 points to 66,205.86 and the Nifty 54.35 to 19,866.20. Wipro, Asian Paints, Nestle, Mahindra & Mahindra, Bajaj Finserv, IndusInd Bank, and ITC gained. UltraTech Cement and Hindustan Unilever lagged. Shanghai rose, but Seoul and Hong Kong fell. US markets rose on Wednesday, but Brent crude fell 1.33 percent to USD 80.87 a barrel. Rupee rose 2 paise versus US dollar.
