Mumbai: Domestic equity benchmark BSE Sensex Friday reclaimed the 40,000 mark and the NSE Nifty inched closer to 12,000 level ahead of the Union Budget presentation.
The 30-share index was trading 114.67 points, or 0.29 per cent, higher at 40,022.73 at 0930 hours. Similarly, the broader Nifty was quoting 31.85 points, or 0.27 per cent, up at 11,978.60.
“The market is eagerly looking forward to the budget proposals, especially for those things that matter for speedy recovery or revival in growth and employment,” said K Joseph Thomas – Head of Research, Emkay Wealth Management.
Response from the market would depend to a large extent on the measures to enhance agrarian employment and productivity, and thereby demand, he said, adding that the fiscal deficit level and the glide path are also important as the markets have a dislike for major deviation from the direction set.
Top gainers in the Sensex pack in early trade included IndusInd Bank, L&T, HUL, Kotak Bank, HDFC, Asian Paints, Bajaj Auto and RIL, rising up to 1.14 per cent.
On the other hand, Yes Bank, ONGC, Vedanta, NTPC, Tata Motors, Hero MotoCorp, ITC, Bharti Airtel and TCS were among the losers, shedding up to 1.82 per cent.
In the previous session, the BSE gauge settled 68.81 points, or 0.17 per cent, higher at 39,908.06, while the Nifty climbed 30 points, or 0.25 per cent, to 11,946.75.
On a net basis, foreign institutional investors sold equities worth Rs 28.95 crore, while domestic institutional investors purchased shares to the tune of Rs 58.59 crore, provisional data available with stock exchanges showed Thursday.
On the currency front, the Indian rupee depreciated 16 paise to 68.66 against the US dollar.
Elsewhere in Asia, Shanghai Composite Index, Hang Seng, Nikkei and Kospi were rangebound in their respective early sessions. Meanwhile, the global oil benchmark Brent crude futures were trading 0.05 per cent lower at 63.27 per barrel.
Pingback: Dumps pin - Dumps pin Shop
Pingback: where is maha pharma located
Pingback: 바카라사이트
Pingback: ddg fake rolex
Pingback: bitcoin exchange
Pingback: Marc Menowitz Apartment Corp
Pingback: diamond painting
Pingback: CBD Oil
Pingback: uniccshop.bazar
Pingback: 63.250.38.81/
Pingback: buy/order Mountain High Suckers Lollipops Edibles online use for pain, anxiety, sleep for sale near me bulk in usa uk nz canada australia overnight delivery
Pingback: Blazing Trader Review
Pingback: bitcoin evolution review
Pingback: Torch Search Engine URL
Pingback: Kimber guns in stock
Pingback: online domain name search website buy cheap domain names online online check domain name availability web domain hosting online package website hosting services online Website builder online package web hosting control panel package Buy WordPress hosting
Pingback: 토토
Pingback: DevOps
Pingback: sexually transmitted infections
Pingback: vmessage33213#Fun88 casino
Pingback: candidawmosher.bravesites.com
Pingback: หลังคาชิงเกิ้ลรูฟ
Pingback: phygital design
Pingback: คาสิโนออนไลน์เว็บตรง
Pingback: cornhole
Pingback: Pgslot
Pingback: nova88
Pingback: sbobet
Pingback: browse
Pingback: view
Pingback: sbo
Pingback: mr mushies chocolate bar
Pingback: Investment
Pingback: buy golden teacher mushroom online at home
Pingback: brazzers bbw