Sensex surges over 200 points on Asian cues

MUMBAI: The benchmark BSE Sensex recovered about 224 issues and the NSE Nifty regained the 10,200 mark in early business on Monday on recent purchasing through buyers amid a company trend in Asian markets.

The 30-share barometer, which had misplaced 194.39 issues at the first day of Samvat 2074 in special 'Muhurat' consultation on Thursday, was buying and selling higher through 223.86 issues or zero.69 per cent at 32,613.82.

All sectoral indices led through oil & gasoline, teck, metal and IT were buying and selling in the green with good points of as much as 1.07.

The NSE Nifty was quoting 61.95 issues or zero.61 per cent higher at 10,208.50.

Brokers said emergence of buying through buyers on hopes of encouraging quarterly profits from some more blue chip companies and a firming trend at different Asian markets as Japanese Prime Minister Shinzo Abe's landslide in a weekend snap election influenced sentiments right here.


Besides, unabated purchasing through home institutional buyers (DIIs), too supported the rebound, they added.


The large gainers were Adani Ports, Bharti Airtel, Hero MotoCorp, Reliance Industries, Hindustan Unilever, Sun Pharma, TCS, SBI, ICICI Bank, Coal India, Cipla, Tata Steel, Power Grid and Wipro, gaining as much as 2.33 per cent.


Japan's Nikkei surged 1.02 per cent, while Shanghai Composite Index up zero,.02 per cent in overdue morning business on Monday. Hong Kong's Hang Seng, however, was down zero.66 per cent.


Meanwhile, the USA Dow Jones Industrial Average rose zero.71 per cent to recent report close in Friday's business.
Sensex surges over 200 points on Asian cues Sensex surges over 200 points on Asian cues Reviewed by Kailash on October 23, 2017 Rating: 5
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