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Sensex jumps 185 points in early trade

Press Trust of India  |  Mumbai 

The rallied about 185 points to 35,877.41 in early session today, buoyed by robust industrial output data amid mixed Asian cues.

Industrial output expanded by 4.9 per cent in April this year, spurred by higher growth in and sectors, as per official data released after market hours yesterday.

Retail inflation, however, inched up to 4.87 per cent in May on increase in

The 30-share barometer spurted by 184.89 points, or 0.51 per cent, to 35,877.41. The gauge had gained 248.85 points in the previous two sessions.

Sectoral indices such as healthcare, IT, consumer durables, teck, auto, metal, PSU and advanced.

In the Sensex kitty, Sun Pharma, Dr Reddy's, TCS, Axis Bank, Infosys, Yes Bank, Wipro, SBI, Bajaj Auto, Adani Ports, and climbed by up to 3.19 per cent.

The index was trading higher by 46.05 points, or 0.42 per cent, at 10,888.90.

Meanwhile, domestic institutional investors (DIIs) bought shares worth a net Rs 1,327.45 crore, while foreign portfolio investors (FPIs) sold shares to the tune of Rs 1,168.88 crore yesterday, as per provisional data released by the stock exchanges.

In Asia, most markets were trading lower as investors turned their focus to the major central this week.

Japan's Nikkei rose 0.34 per cent, while Hong Kong's Hang Seng was down 0.60 per cent in early deals today. China's Shanghai Composite also shed 0.75 per cent.

The US Dow Jones Industrial Average had ended a shade lower yesterday.

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

First Published: Wed, June 13 2018. 09:55 IST
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