Sensex up 64 points as December series begins on positive note

Sensex up 64 points as December series begins on positive note

PTIUpdated: Friday, May 24, 2019, 12:33 PM IST
article-image

Mumbai : The benchmark BSE Sensex rose over 64 points to trade above the 26,000-mark in early trade today on increased buying by investors as the December derivatives series began on a positive note.

The 30-share Sensex, which has gained 182.89 points in the previous session, advanced by 64.11 points or 0.24 per cent to 26,022.74. Realty, capital goods, auto, banking and metal sectoral indices of BSE were in the positive zone, gaining up to 0.64 per cent.

Also, the NSE Nifty reclaimed crucial 7,900-level by surging 26.80 points, or 0.33 per cent, to 7,910.60. Brokers said building-up of fresh positions by participants, following beginning of the December month F&O series helped Sensex rising, but a weak trend at other Asian markets on disappointing Japanese data capped the gains.

Among other Asian markets, Japan’s Nikkei shed 0.25 per cent, Shanghai Composite index fell 1.17 per cent while Hong Kong’s Hang Seng was down 1.05 per cent in early trade. The US markets were closed yesterday for the Thanksgiving Day holiday.

RECENT STORIES

India’s Textiles Exports See 4.6% Growth In Last 4 Fiscals, Exports Rise In Over 100 Nations

India’s Textiles Exports See 4.6% Growth In Last 4 Fiscals, Exports Rise In Over 100 Nations

Tata Group Felicitates ICC Women’s World Cup 2025 Winning Team

Tata Group Felicitates ICC Women’s World Cup 2025 Winning Team

GST Rate Rationalisation Leads To 5 Per Cent Growth In States’ Revenue: Minister Pankaj Chaudhary

GST Rate Rationalisation Leads To 5 Per Cent Growth In States’ Revenue: Minister Pankaj Chaudhary

Yashoda Healthcare, Fusion CX, Orient Cables, 4 Others Get Sebi's Approval For IPOs

Yashoda Healthcare, Fusion CX, Orient Cables, 4 Others Get Sebi's Approval For IPOs

Vibrant Gujarat Regional Conference 2025: MoUs Signed To Accelerate Gir Somnath’s Industrial...

Vibrant Gujarat Regional Conference 2025: MoUs Signed To Accelerate Gir Somnath’s Industrial...