Markets climb in early trade on firm Asian markets, buying in Auto, metal stocks

Mumbai, Aug 4: Benchmark indices Sensex and Nifty climbed higher in opening trade on Monday, tracking a firm trend in the Asian markets and buying in auto and metal stocks.

The 30-share BSE Sensex rose by 217.61 points or 0.27 per cent to 80,817.52 in opening trade. The 50-share NSE Nifty went up by 71.55 points to 24,636.90.

From the 30-share Sensex firms, Tata Steel, BEL, Bajaj Finserv, UltraTech Cement, Hindustan Unilever, Asian Paints, Reliance Industries, Titan and Adani Ports were among the gainers.

Infosys, Tech Mahindra, HCL Technologies, Eternal, Power Grid, Axis Bank and ICICI Bank were among the laggards.

In Asian markets, South Korea’s Kospi, Hong Kong’s Hang Seng and Shanghai’s SSE Composite index are trading higher, while Japan’s Nikkei 225 index is trading in the negative territory.

The US markets ended in negative territory on Friday.

Global oil benchmark Brent crude declined 0.23 per cent to USD 69.51 a barrel.

Foreign Institutional Investors (FIIs) offloaded equities worth Rs 3,366.40 crore on Friday, according to exchange data.

On Friday, the 30-share BSE Sensex tumbled 585.67 points to settle at 80,599.91, and the 50-share NSE Nifty declined 203 points to close at 24,565.35. (PTI)

Hot this week

Pay hike of Assam ministers, MLAs likely as 3-member panel submits report

Full report likely by Oct 30 Guwahati Sept 25: There...

Meghalaya Biological Park Inaugurated After 25 Years: A New Chapter in Conservation and Education

Shillong, Nov 28: Though it took nearly 25 years...

ANSAM rejects Kuki’s separate administration demand, says bifurcation not acceptable

Guwahati, Sept 8: Rejecting the separate administration demand of...

Meghalaya man missing in Bangkok

Shillong, Jan 10: A 57-year-old Meghalaya resident, Mr. Treactchell...

Meghalaya’s historic fiber paves the way for eco-friendly products and sustainable livelihoods

By Roopak Goswami Shillong, Oct 25: From making earbuds to...

Hockey India names 24-member men’s hockey team for tour of Australia

New Delhi, Aug 4: India, on Monday, included young...

SC agrees to examine plea to repeal Bodh Gaya temple law

New Delhi, Aug 4: The Supreme Court on Monday...

Boeing workers who build fighter jets go on strike

New York, Aug 4: Boeing workers who build fighter...

Indian-origin lawyer named Ohio’s new solicitor general

New York, Aug 4: Indian-origin lawyer Mathura Sridharan has...

Shibu Soren served people with unwavering commitment: Meghalaya CM

Shillong, Aug 4: Meghalaya Chief Minister Conrad K Sangma...
spot_img

Related Articles

Popular Categories