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Equity markets extend gains, Sensex trades over 100 points

IANS  |  Mumbai 

Key Indian equity indices extended their gains for the second consecutive session on Friday, with the Sensex gaining over 100 points.

According to market observers, easing geo-political tensions in the Korean peninsula, along with healthy buying in consumer durables, auto and IT stocks, added to the indices' upward trajectory.

Around 1 p.m., the wider Nifty50 Of the National Stock Exchange (NSE) rose by 38.80 points or 0.38 per cent to trade at 10,281.45 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,465.05 points, traded at 33,456.09 points -- up 104.52 points or 0.31 per cent from the previous session's close.

The Sensex has so far touched a high of 33,519.49 points and a low of 33,316.58 points during the intra-day trade.

The market breadth was bullish with 1,235 advances and 1,229 declines.

Index heavyweights like Tata Consultancy Services, HDFC, Mahindra and Mahindra, and were the top gainers on the

"The benchmark traded higher on the opening minutes of trade... Positive prospects of easing political tensions in can help markets gain in trade," said Dhruv Desai, of

On Thursday, value buying by investors, along with positive global markets on the back of easing of trade war fears, propelled the key indices.

The Sensex closed at 33,351.57 points, up 318.48 points or 0.96 per cent, while the Nifty50 rose by 88.45 points or 0.87 per cent to close at 10,242.65 points.

--IANS

ppg/mr

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

First Published: Fri, March 09 2018. 13:18 IST
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