Sensex stays on upward curve, rises 91 points

Image
Press Trust of India Mumbai
Last Updated : Aug 06 2015 | 10:22 AM IST
The benchmark BSE Sensex, maintaining its momentum, rose over 91 points in early trade today on the back of gains in consumer durables, IT, healthcare, capital goods and oil and gas on persistent foreign fund inflows.
This came amid a mixed trend in other Asian markets.
The 30-share barometer gained 91.32 points, or 0.32 per cent, to 28,314.40 in early trade.
On similar lines, the NSE Nifty went up 22.55 points, or 0.26 per cent, to 8,590.50.
Brokers said sustained buying by funds and retail investors on better-than-expected earnings by blue-chips and Asian stocks tracking gains in US markets following mixed economic data influenced sentiment.
Siemens jumped 3.98 per cent to Rs 1,555 after the company yesterday posted a 12-fold surge in stand-alone net profit at Rs 168.25 crore for the June quarter.
But Nestle India plunged 4.79 per cent to Rs 6,505 after food regulator FSSAI yesterday trashed all-clear reports from two of its empaneled labs to Maggi noodles, citing lapses.
Among other Asian indices, Japan's Nikkei rose 0.78 per cent while Hong Kong's Hang Seng gave up 0.49 per cent in early trade today.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 06 2015 | 10:22 AM IST

Next Story