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Sensex GAINS big in post noon deals
Reported By: NMF Reporter On: 22 Dec 2017 12:31 PM
Sensex GAINS big in post noon deals

Mumbai, Dec 22: The Sensex was trading near all time high to 33,930.54, up 174.26 points, in post noon deals, on buying in sectors led by telecom, IT, teck, industrials, auto, consumer durables and realty, amid higher Asian cues. 

Sentiment got a boost following firm Asian markets reflecting steady growth in the US economy. 

The 30-share BSE index was higher at 33,930.54 at 1225 hours, up 174.26 points or 0.52 per cent. 

The 50-share NSE Nifty was trading higher at 10,483.80, gaining 43.50 points, or 0.42 per cent. 

Major gainers were Bharti Airtel 1.92 per cent, ONGC 1.57 per cent, SBI 1.37 per cent, Tata Motors 1.01 per cent, and Infosys 1.41 per cent.

Foreign portfolio investors (FPIs) sold shares net worth Rs 383.99 crore yesterday. But domestic institutional investors (DIIs) bought equities to the tune of Rs 1,574.30 crore. 

Most Asian stocks rose after positive close for US stocks overnight. Japanese cabinet cleared a record USD 860 billion spending budget for fiscal 2018, lifting the spirit of investors. 

US stock-market indices closed modestly higher yesterday driven by gains in energy, financials and telecom sectors.