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Sensex rises 74 pts, Nifty retakes 9,900

Press Trust of India  |  Mumbai 

The firmed up 74 points and the reclaimed 9,900 today, aided by fresh buying by participants and availability of more foreign capital.

Asian markets ruled higher taking a cue from record close in the US on Friday. Investors remained hopeful that blue-chip companies will churn out better earnings numbers in coming days.

The 30-share index moved higher by 73.69 points, or 0.23 per cent, to 32,094.44. It surrendered its record high position by losing 16.63 points in the previous session on Friday.

IT, technology, metal, auto, banking, and gas and power stocks chipped in.

The index recaptured the key 9,900-mark by gaining 25.60 points, or 0.25 per cent, to trade at 9,911.95.

The big gainers were Wipro, Adani Ports, Infosys, Bank, Tata Motors, M&M, and Industries, rising by up to 3.26 per cent.

Hong Kong's moved up 0.53 per cent while Japan's rose 0.09 per cent today. Composite, however, shed 0.46 per cent.

The US Dow Jones Industrial Average ended at another record high by surging 0.39 per cent on Friday.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, July 17 2017. 10:07 IST