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Sensex rises 84 pts, Nifty above 10,800

Press Trust of India  |  Mumbai 

The benchmark Sensex rose over 84 points while the Nifty reclaimed the 10,800-mark as investors looked forward to release of key macroeconomic data due today amid a firming trend in

The 30-share went up 84.35 points, or 0.23 per cent, to 35,567.82. The gauge had gained 39.80 points in the previous session.

Optimistic buying in blue-chip stocks ahead of IIP data for April and CPI inflation for May, to be released after market closing today, lifted stocks higher, brokers said.

All the sectoral indices led by healthcare, consumer durables, oil and gas, and auto were in the green, with gains of up to 0.84 per cent.

The NSE Nifty recaptured the key 10,800-level by rising 29.85 points, or 0.27 per cent, to 10,816.80.

Prominent gainers were Dr Reddy's, Wipro, Adani Ports, M&M, Bharti Airtel, Tata Motors, SBI, IndusInd Bank,ITC Ltd, Sun Pharma, L&T, TCS and Asian Paints, rising by up to 1.80 per cent.

Brokers said besides unabated buying by domestic institutional investors (DIIs), a firm trend at other Asian markets influenced sentiments though investors were cautious as the historic summit between the US and got underway in

bought shares worth a net Rs 1,062.82 crore, while foreign portfolio investors sold equities to the tune of Rs 1,156.77 crore yesterday, as per provisional data.

Globally, Hong Kong's Hang Seng rose 0.41 per cent, Japan's Nikkei gained 0.39 per cent, while China's main Shanghai Composite Index advanced 0.39 per cent.

The US Dow Jones Industrial Average ended flat yesterday.

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

First Published: Tue, June 12 2018. 09:50 IST
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