Sensex up to 36 points on F&O expiry, positive global cues
Sensex up to 36 points on F&O expiry, positive global cues
Share:

Mumbai,April 28,2016: The framework BSE Sensex hiked over 36 points to 26,1010 in early say today on Thursday, enlarging its scale for the third straight day on short-covering in sight of  April derivatives series expiry and positive worldwide cues.

Traders said, “A firming drift in mainly of Asia, tracking suddenly gains in the US after the Federal Reserve kept its benchmark interest rate unchanged, gave purchasing in domestic markets a leg-up”

US central market, taking memo of improvement in the labour market, has cited slower economic growth for its policy move while signaling faith in outlook of the economy.

The 30-share index was trading upper by 36.42 points, or 0.13 %, to 26,100.54. The gauge had gained 385 points in the last two sessions.

Further, better-than-estimated earnings by various companies came as a activist for sentiment.The NSE Nifty rose 10.30 points, or 0.12 %, to 7,990.20 in early trade today.

Telecom major Bharti Airtel surged 2.26 per cent to Rs 3,481.60 after the company yesterday reported a 2.8 per cent jump in net profit at Rs 1,290 crore for the fourth quarter to March 2016.

Hong Kong's Hang Seng firmed up 0.22 per cent while Japan's Nikkei moved higher by 1.41 per cent in early hours today. The Shanghai Composite Index, however, was down 0.76 per cent.The US Dow Jones Industrial Average ended 0.28 %  greater yesterday.

Join NewsTrack Whatsapp group
Related News