Sensex Up Over 100 Points; Tata Steel, Maruti Suzuki Top Gainers
The domestic markets have started the last trading day of the week on a positive note, continuing with the gains witnessed in the previous session. At 9:20 am, the BSE Sensex was trading at 52,823.77, higher by 131.77 points or 0.23 per cent and the NSE Nifty was at 15,827.30, up 35.95 points or 0.21 per cent. The broader markets are trading firm, with the BSE Midcap index and BSE Smallcap index adding 0.5 per cent and 0.3 per cent respectively.
Asian markets were mostly higher tracking US markets overnight. Nikkei and Hang Seng rose 0.5 per cent each, while Kospi and Taiwan index gained 0.7 per cent each.
The Nasdaq and the S&P 500 indexes hit all-time highs on Thursday as the U.S. President Joe Biden embraced a bipartisan Senate infrastructure deal. The Dow Jones was up 1.04 per cent, while the S&P 500 gained 0.66 per cent and Nasdaq Composite added 0.72 per cent.
Meanwhile, at the 44th Annual General Meeting of Reliance Industries held on Thursday, Reliance Industries announced the induction of Yasir Al Rumayyan on the board of Reliance Industries as an independent director and said it will complete the $15 billion oil deal with Aramco this year.
On the stock-specific front, Tata Steel has rallied more than 3 per cent to top the gainer's list on the BSE. Maruti Suzuki, ICICI Bank and HCL Tech have also gained around a per cent each on the BSE.Â
On the other hand, Reliance Industries has lost 2 per cent to Rs 2113 to top the loser's lIst on the BSE. The index heavyweight had lost 2 per cent post its AGM on Thursday. Hindustan Unilever,IndusInd Bank and Asian Paints have lost around a per cent each on the BSE.
The BSE market breath is strong. Out of 2574 stocks traded on the BSE, there are 1648 advancing stocks as against 854 declines.
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