‘Nifty tests 15,700’ Sensex rises over 150 points in early trade

By Administrator_ India

Capital Sands

Equity benchmark Sensex jumped over 150 points in early trade on Thursday, tracking gains in index-heavyweights Reliance Industries, Infosys, and HDFC Bank amid a positive trend in global equities.

The 30-share BSE index was trading 160.07 points or 0.31 percent higher at 52,101.71 in initial deals. Similarly, the broader NSE Nifty advanced 58.75 points or 0.38 percent to 15,694.10.

PowerGrid was the top gainer in the Sensex pack, rising around 2 percent, followed by ITC, Tech Mahindra, IndusInd Bank, NTPC, Sun Pharma, and Dr. Reddy’s.

On the other hand, Bajaj Auto, Asian Paints, Maruti, and Nestle India were among the laggards.

In the previous session, Sensex ended 333.93 points or 0.64 percent lower at 51,941.64, and Nifty slumped 104.75 points or 0.67 percent to 15,635.35.

Foreign institutional investors were net sellers in the capital market as they offloaded shares worth Rs 846.37 crore on Wednesday, as per provisional exchange data.

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