Sensex Up Over 100 Points On Global Cues, Nifty Above 7,800; Realty Stocks Gain


MUMBAI: 9.46 am: The rupee recovered 9 paise at 66.34 against the dollar in early trade today on fresh selling of the U.S. currency by exporters. Sensex was up 114.41 points at 25,737. Nifty was up 42.70 points at 7,830.

9.20 am: The BSE Realty index was up 1.12 percent at 1,293.85. HDIL, Sobha and Prestige Estates were trading over 1.50 percent higher at 60.90, Rs 259 and Rs 208.30. Sensex was up 203 points at 25,825.

The BSE Sensex and NSE Nifty opened higher on Friday tracking positive global cues. Sensex opened 171.60 points up at 25,793.77. Nifty opened 45.70 points higher at 7,833.80.

All the sectoral indices on the Bombay Stock Exchange also opened in green.

Arvind Ltd informed BSE before market hours that it has marked its entry into the beauty and cosmetics segment through a partnership with SEPHORA, owned by LVMH Moet Hennessy Louis Vuitton, a French Luxury Conglomerate.

Benchmark indices declined around 0.40 percent on Thursday tracking sluggishness in the global market after gloomy Chinese data added to the level of anxiety.

Global Markets

New York: U.S. stocks ended higher on Thursday in another day of broad swings as investors showed nervousness ahead of next week’s much-anticipated Federal Reserve meeting, but gains in Apple and biotech shares supported the day’s advance.

London: Britain’s FTSE 100 index fell on Thursday, extending its early losses as sterling strengthened after the Bank of England sounded less concerned than expected about the domestic impact of the turmoil in global markets.

Tokyo: Japan’s Nikkei share average fell in choppy trade on Friday morning as investors remained focused on the U.S. Federal Reserve’s monetary policy meeting next week.

Hong Kong: The Hang Seng Index up 1.21 percent.

Source: PTI