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Sensex opens 432 points higher at 60,120, Nifty rises 127 points to 17,926

From the Sensex pack of firms, IndusInd Bank, State Bank of India, Tata Steel, Hindustan Unilever, NTPC, Infosys, Dr Reddy's, Sun Pharma and ICICI Bank emerged as the biggest gainers.

Published on: Sep 9, 2022, 09:20:17 IST
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Benchmark indices began the trade on a firm note on Friday, extending their previous day gain, amid foreign fund inflows and a positive trend in global markets.

BSE Sensex (File Photo)
BSE Sensex (File Photo)

The 30-share BSE Sensex climbed 431.58 points to 60,119.80 in early trade. On similar lines, the broader NSE Nifty went higher by 127.2 points to 17,925.95.

From the Sensex pack of firms, IndusInd Bank, State Bank of India, Tata Steel, Hindustan Unilever, NTPC, Infosys, Dr Reddy's, Sun Pharma and ICICI Bank emerged as the biggest gainers.

Bharti Airtel, Bajaj Finserv, Nestle India and Bajaj Finance were among the laggards.

Elsewhere in Asia, markets in Shanghai, Tokyo and Hong Kong were trading in the green in mid-session deals.

The US markets had ended higher on Thursday.

On Thursday, the BSE benchmark climbed 659.31 points or 1.12 per cent to settle at 59,688.22. The Nifty advanced 174.35 points or 0.99 per cent to 17,798.75.

Meanwhile, the international oil benchmark Brent crude climbed 0.26 per cent to USD 89.38 per barrel.

Foreign institutional investors (FIIs) were net buyers as they bought shares worth 2,913.09 crore on Thursday, as per exchange data.

"Positive catalysts such as plunging oil prices and easing US dollar index are likely to help maintain optimism," Tapse said.

 
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Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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