Mid-Session: Sensex reclaims 28K on global rally; broader markets support
05/08/2016 12:29
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12.29 Am - Nifty Fut : Buy Zone
The Indian equities extended rally in late morning deal on Friday as investors engaged in broad-based buying tracking a rally across markets in Asia. Broader markets witnessed surge in buying in line with the benchmark indices with Midcap and Smallcap indices gained between 1.06 and 1.28 per cent respectively.
At 12:15 PM, the Bombay Stock Exchange bellwether Sensex was at 28003.92, up by 289.55 points or by 1.04 per cent, and the NSE Nifty was at 8643.8 up by 92.7 points or by 1.08 per cent.
Traders across the globe eye the crucial July US jobs data which will signal the health of the labour market recovery in the world’s biggest economy and may offer some clues over the timing of the next US Fed interest rate hike.
Shares of Vedanta rose over 4 per cent on the Bombay Stock Exchange after metal and mining firm said that company's iron ore business at Goa has been re-issued import and transit permits on 3 August 2016.
The top gainers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 564.00,+3.35%), State Bank of India (Rs. 232.80,+3.21%), Bajaj Auto Ltd. (Rs. 2823.00,+3.04%), Hero MotoCorp Ltd. (Rs. 3366.05,+2.93%), ICICI Bank Ltd. (Rs. 247.20,+2.72%), among others.
Meanwhile, Sun Pharmaceutical Industries Ltd. (Rs. 843.50,-0.65%), Infosys Ltd. (Rs. 1070.90,-0.12%), Power Grid Corporation of India Ltd. (Rs. 177.60,-0.11%), were among top losers on BSE.
On the sectoral front, bankex and metal were leading the gain, adding as much as 1.88 per cent and 1.85 per cent respectively.
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05/08/2016 12:29
12.29 Am - Nifty Fut : Buy Zone
The Indian equities extended rally in late morning deal on Friday as investors engaged in broad-based buying tracking a rally across markets in Asia. Broader markets witnessed surge in buying in line with the benchmark indices with Midcap and Smallcap indices gained between 1.06 and 1.28 per cent respectively.
At 12:15 PM, the Bombay Stock Exchange bellwether Sensex was at 28003.92, up by 289.55 points or by 1.04 per cent, and the NSE Nifty was at 8643.8 up by 92.7 points or by 1.08 per cent.
Traders across the globe eye the crucial July US jobs data which will signal the health of the labour market recovery in the world’s biggest economy and may offer some clues over the timing of the next US Fed interest rate hike.
Shares of Vedanta rose over 4 per cent on the Bombay Stock Exchange after metal and mining firm said that company's iron ore business at Goa has been re-issued import and transit permits on 3 August 2016.
The top gainers of the BSE Sensex pack were Axis Bank Ltd. (Rs. 564.00,+3.35%), State Bank of India (Rs. 232.80,+3.21%), Bajaj Auto Ltd. (Rs. 2823.00,+3.04%), Hero MotoCorp Ltd. (Rs. 3366.05,+2.93%), ICICI Bank Ltd. (Rs. 247.20,+2.72%), among others.
Meanwhile, Sun Pharmaceutical Industries Ltd. (Rs. 843.50,-0.65%), Infosys Ltd. (Rs. 1070.90,-0.12%), Power Grid Corporation of India Ltd. (Rs. 177.60,-0.11%), were among top losers on BSE.
On the sectoral front, bankex and metal were leading the gain, adding as much as 1.88 per cent and 1.85 per cent respectively.
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