The stock market got on to the
front foot today as the benchmark Sensex reclaimed the 32,000
-mark by jumping over 104 points after domestic investors
pressed on with buying amid strong global cues.
Retail investors and domestic financial institutions
built up positions ahead of release of data sets of IIP for
August and inflation for September, to be released tomorrow.
An appreciating rupee created positive vibes.
Extending its rally, the 30-share Sensex was up 104.02
points, or 0.32 per cent, at 32,028.43. Realty, oil and gas
and power stocks rose up to 1.06 per cent.
The gauge had gained 332.38 points in the previous three
Also, the NSE Nifty traded at 10,057.45, higher by 40.50
points or 0.40 per cent.
Positive leads from other Asian bourses and investors
tracking another record on Wall Street supported the upmove,
In the Sensex kitty, Bharti Airtel emerged as the top
gainer, surging by 4.32 per cent to Rs 400.65. Reliance
Industries too rose 1.54 per cent to Rs 856.35 ahead of its
second quarter earnings later this week.
Other gainers were Axis Bank, M&M, NTPC and Bajaj Auto.
Japan's Nikkei was up 0.22 per cent and Shanghai
Composite rose 0.23 per cent in their early trading. Hong
Kong's Hang Seng too edged up by 0.46 per cent.
US Dow Jones Industrial Average had surged 0.31 per cent
to close at a fresh record high yesterday.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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