Stock Market Opening Bell: Sensex Rises Over 200 Points, Nifty Touches 11,950-Mark

Equity benchmark BSE Sensex jumped over 200 points in early trade on Monday tracking gains in index-heavyweights Infosys, Reliance Industries and Bharti Airtel amid positive cues from global equities. It is to be noted that the 30-share index was trading 213.78 points, or 0.53 per cent, higher at 40,573.19. Whereas, the broader Nifty rose 57.65 points, or 0.48 per cent, to 11,972.05.

According to a report of PTI, top gainers in the Sensex pack included Tata Steel, Bharti Airtel, Infosys, Sun Pharma, Vedanta, and RIL, among others. On the other hand, top losers are Bajaj Auto, ICICI Bank, HCL Tech, Asian Paints, and ONGC, among others.

Elsewhere in Asia, bourses in Shanghai, Hong Kong, Seoul, and Tokyo were trading on a positive note. Brent futures, the global oil benchmark, rose 0.21 per cent to USD 63.52 per barrel. On the currency front, the rupee depreciated marginally against the US dollar to trade at 71.72 in the early session.

Foreign institutional investors bought shares worth Rs 305.72 crore in the capital market in the previous session, while domestic institutional investors sold equities worth Rs 177.37 crore, data available with the stock exchange showed.

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On Friday, the Sensex ended 215.76 points, or 0.53 per cent, lower at 40,359.41. The Nifty settled 54 points, or 0.45 per cent, down at 11,914.40. It had hit an intra-day low of 40,276.83 and a high of 40,653.17. Infosys was the top loser in the Sensex pack, dropping 2.89 per cent, followed by TCS, Asian Paints, Bharti Airtel and HCL Tech. On the other hand, Tata Steel gained 3.74 per cent, NTPC 2.35 per cent, Vedanta 2.27 per cent and ONGC 2.18 per cent.

(With inputs from PTI)