Mumbai: The BSE Sensex climbed 180.92 points to 83,071.86 in early trade on Monday. The Nifty Nifty scaled fresh peak by moving up up 55.1 points to 25,411.60. The equity benchmark indices rebounded amid foreign fund inflows and a rally in the US markets.
Sensex pack gainers: Bajaj Finance, Kotak Mahindra Bank, Bajaj Finserv, Tata Steel, JSW Steel, NTPC, Larsen & Toubro, and Axis Bank. Laggards include ICICI Bank, Tata Consultancy Services, Hindustan Unilever and Nestle.
Asian markets: Hong Kong and Shanghai traded on lower note. The US markets ended in positive territory September 13.
According to exchange data, Foreign Institutional Investors (FIIs) purchased equities worth Rs 2,364.82 crore. Domestic Institutional Investors (DIIs) also bought equities worth Rs 2,532.18 crore.
V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services, said international stock markets will be focussed on US Federal Reserve rate cut decision on September 18.
“Globally equity markets will be focused on the Fed rate action on Wednesday which is likely to influence the stock market trend in the near-term,” said .
The 30-share BSE Sensex declined 71.77 points to settle at 82,890.94. The NSE Nifty went up to 25,356.50.
Stock Market open today: The BSE Sensex climbed 180.92 points to 83,071.86 in early trade on Monday. The Nifty went up 55.1 points to 25,411.60. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
