Sensex build on gains, up 85 pts on fund inflows; F&O expiry

The benchmark BSE Sensex rose by 85

points to 36,247.02 in opening trade today on gains banking

and pharma stocks.

Short-covering of bets, today being the last session of

January expiry in the derivatives segment, kept the overall

sentiment positive.

The 30-share index spurted by 85.38 points or 0.23 per

cent at 36,247.02.

The gauge had gained 1,390.53 points in the previous six

record-setting sessions and closed at an all-time high of

36,161.64 points after scaling a new peak of 36,268.19 in

yesterday's session.

Metal, capital goods, oil and gas, Infrastructure, power

and auto sector stocks were leading the rally, which lifted

sentiments.

The NSE Nifty was also trading higher by 9.60 points, or

0.08 per cent, at 11,095.60.

Brokers said that the market mood remained buoyant,

bolstered by continued capital inflows by foreign

institutional investors (FIIs) and domestic investors.

According to provisional exchange data, FIIs put in a net

Rs 776.4 crore in stocks yesterday.

In the Asian region, Hong Kong's Hang Seng was down 0.40

per cent, Japan's Nikkei shed 0.91 per cent while Shanghai

Composite index fell by 0.34 per cent in early trade today.

The US Dow Jones Industrial Average ended at new high by

rising 0.16 per cent in yesterday's trade.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)