MUMBAI: Equity benchmarks BSE Sensex and NSE Nifty began on a positive observe on Thursday forward of the expiry of April by-product contracts, amid sturdy overseas fund influx.
The 30-share index was once trading 42.83 points or 0.11 in line with cent upper at 39,097.51, and the NSE Nifty rose 22.95 points or 0.20 in line with cent to 11,749.10.
In the previous consultation, the BSE bourse soared 489.80 points, or 1.27 in line with cent, to near at 39,054.68, and the wider Nifty climbed 150.20 points, or 1.30 in line with cent, to 11,726.15.
Top gainers within the Sensex pack have been Yes Bank, PowerGrid, L&T, HCL Tech, HDFC duo, NTPC, Sun Pharma, IndusInd Bank, ITC, HUL and Bajaj Finance, rising as much as 2.78 in line with cent.
On the other hand, Maruti, ONGC, Bajaj Auto, Asian Paints, Infosys, Hero MotoCorp, TCS, Vedanta, Kotak Bank and RIL have been a number of the best losers, dropping as much as 0.83 in line with cent.
According to traders, traders are cautious forward of April futures and choices (F&O) expiry.
Sahaj Agrawal, DVP Derivatives, Kotak Securities said, "Nifty tested all time high levels recently after which some correction was seen. Broader sentiment has turned neutral indicating possibility of some consolidation/correction in the near term."
Meanwhile, overseas institutional traders (FIIs) purchased equity value Rs 974.88 crore on Wednesday, whilst home institutional traders (DIIs) bought stocks to the track of Rs 657.06 crore, provisional data available with stock exchanges showed.
The rupee, on the other hand, depreciated 17 paise to 70.04 against the USA dollar in early trade.
Brent crude futures, the worldwide oil benchmark, have been trading 0.03 in line with cent upper at $74.59 in line with barrel.
Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul have been trading on a mixed observe in early trade.
On Wall Street, Dow Jones Industrial Average ended within the red on Wednesday.
The 30-share index was once trading 42.83 points or 0.11 in line with cent upper at 39,097.51, and the NSE Nifty rose 22.95 points or 0.20 in line with cent to 11,749.10.
In the previous consultation, the BSE bourse soared 489.80 points, or 1.27 in line with cent, to near at 39,054.68, and the wider Nifty climbed 150.20 points, or 1.30 in line with cent, to 11,726.15.
Top gainers within the Sensex pack have been Yes Bank, PowerGrid, L&T, HCL Tech, HDFC duo, NTPC, Sun Pharma, IndusInd Bank, ITC, HUL and Bajaj Finance, rising as much as 2.78 in line with cent.
On the other hand, Maruti, ONGC, Bajaj Auto, Asian Paints, Infosys, Hero MotoCorp, TCS, Vedanta, Kotak Bank and RIL have been a number of the best losers, dropping as much as 0.83 in line with cent.
According to traders, traders are cautious forward of April futures and choices (F&O) expiry.
Sahaj Agrawal, DVP Derivatives, Kotak Securities said, "Nifty tested all time high levels recently after which some correction was seen. Broader sentiment has turned neutral indicating possibility of some consolidation/correction in the near term."
Meanwhile, overseas institutional traders (FIIs) purchased equity value Rs 974.88 crore on Wednesday, whilst home institutional traders (DIIs) bought stocks to the track of Rs 657.06 crore, provisional data available with stock exchanges showed.
The rupee, on the other hand, depreciated 17 paise to 70.04 against the USA dollar in early trade.
Brent crude futures, the worldwide oil benchmark, have been trading 0.03 in line with cent upper at $74.59 in line with barrel.
Elsewhere in Asia, benchmark equity indices in Shanghai, Tokyo and Seoul have been trading on a mixed observe in early trade.
On Wall Street, Dow Jones Industrial Average ended within the red on Wednesday.
Sensex, Nifty open on a positive note ahead of F&O expiry
![Sensex, Nifty open on a positive note ahead of F&O expiry]()
Reviewed by Kailash
on
April 25, 2019
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