Sensex shoots over 300 points to end over 36,000 mark
The NSE Nifty also recaptured the 10,900 mark. The index was trading higher by 61.85 points, or 0.57 per cent, at 10,914.75.business Updated: Jul 10, 2018 15:42 IST
The benchmark BSE Sensex advanced by over 300 points to end well above the 36,000 mark on Tuesday led by gains on IT, realty and capital goods counters, ahead of key quarterly results scheduled later in the day.
The BSE Sensex rose for the third straight day by gaining 304.90 points or 0.85% on Tuesday to end at 36,239.62, while the NSE Nifty was up 0.87% or 94.35 points to settle at 10,947.25.
Energy, realty, telecom, metal,utilities and basic materials rising up to 2.01%.
The gauge had gained 360.17 points in the previous session two sessions.
Support came from key stocks such as Reliance, Wipro, Yes Bank, Tata Steel, Coal India, Bajaj Auto and Hero Motocorp, rising up to 3.02%.
Traders said widening of bets by investors ahead of Q1 numbers from IndusInd Bank and TCS, amid sustained buying by domestic institutional investors (DIIs) influenced market sentiment.
Meanwhile, DIIs bought shares worth a net of Rs 740.39 crore, while Foreign institutional investors (FIIs) sold shares worth a net of Rs 569.91 crore Monday, provisional data showed.
Overseas, most Asian stocks rose amid optimism over the upcoming earnings season, that is expected to be sufficiently robust to overshadow a rise in trade tensions.
The US Dow Jones Industrial Average ended 1.31 % higher on Monday.
First Published: Jul 10, 2018 10:26 IST