Business

Markets Gain For 6th Day On Strong Asian Peers

Equity benchmark indices rose in early trade on Friday, extending their gain for the sixth day in a row, boosted by robust buying in Tech Mahindra and strong trends in Asian markets.

The 30-share BSE Sensex soared 176.47 points to 74,515.91 in early trade. The NSE Nifty advanced 50.05 points to 22,620.40.

Tech Mahindra, Havells India, Divi’s Labs, LTIMindtree, Vedanta, Interglobe Aviation, Bajaj Auto, ICICI Prudential, and Zomato were the top gainers.

Among the laggards were Bajaj Finance, Bajaj Finserv, Nestle India, Induslnd Bank, Mahindra & Mahindra, and Tata Consumer.

In Asian markets, Shanghai, Tokyo, South Korea, Hong Kong, Taiwan, and Malaysia all were trading higher.

US markets concluded lower on Thursday.

According to exchange data, Foreign Institutional Investors (FIIs) sold securities worth Rs 2,823.33 crore on Thursday.

On Thursday, The Sensex jumped 486.50 points or 0.66 percent to 74,339.44, while the Nifty moved 167.95 points or 0.75 percent to 22,570.35.

Also read: Stock Markets Continue To Soar For 5th Day; Sensex Reaches Over 74k

Spriha Rai

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