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Business News » India News

Sensex moves up 113 pts, Nifty climbs above 10,000

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Updated: Thu, Oct 12, 2017
11:59 pm
PTI
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The benchmark Sensex went up 113

points and the NSE Nifty seized control of 10,000 level today

as domestic investors raised the bar ahead of key industrial

output numbers to be released later in the day.

Another record close on Wall Street after the release of

the US Fed minutes fuelled the uptrend.

The 30-share Sensex was higher by 112.53 points, or 0.35

per cent, at 31,946.52. Healthcare, realty, IT, capital goods,

oil and gas and auto stocks were in the pink of health,

rising by up to 0.86 per cent.

The gauge had lost 90 points yesterday.

The NSE Nifty too rose 36.60 points, or 0.36 per cent, to

10,021.40.

Building up of positions by participants ahead of key

economic data -- industrial production (IIP) for August and

consumer inflation for September to be released after market

closing today -- drove up domestic bourses.

In the Sensex kitty, Sun Pharma topped the gainers list

by climbing 2.42 per cent to Rs 538.50 after the company said

it has received establishment inspection report (EIR) from the

US health regulator for its Dadra facility.

Stock of the country's largest software exporter, TCS,

was trading higher by 0.83 per cent at Rs 2,521.15 ahead of

its September quarterly earnings slated later in the day.

Other big movers were Lupin, Reliance Industries, NTPC,

Hero MotoCorp, Tata Steel, Hindustan Unilever, M&M, Maruti

Suzuki, Infosys and Bajaj Auto, advancing up to 1.08 per cent.

Japan's Nikkei rose 0.47 per cent while Hong Kong's Hang

Seng moved up 0.17 per cent in early trade today. China's main

Shanghai Composite, however, shed 0.24 per cent.

The US Dow Jones Industrial Average ended at a record

high by surging 0.18 per cent yesterday.

 

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

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