Opening Bell: Sensex Gains 329 Points, Nifty Hits New All-Time High

The benchmark equity indices Sensex and Nifty started Friday’s trading on a bullish note, aided by buying in IT stocks and continued Foreign fund inflows.

The BSE Sensex jumped 329.52 points, or 0.45 percent to 77,808.45 in early trade. The NSE Nifty advanced 94 points, or 0.40 percent to 23,661. The Bank Nifty moved 144 points, or 0.28 percent to 51,927.

IRFC, RECL, Power Finance Corp, LTIMindtree, Bharat Airtel, Infosys, Info Edge (India), TCS, Coal India, Hindalco, and HCL Technologies were the top gainers.

Among the laggards were Marico, Hindustan Unilever, HDFC Bank, Tata Steel, Adani Enterprises, PNB, and Reliance Industries.

In Asian markets, Singapore, Tokyo, Indonesia, Thailand, and Malaysia were trading higher, while South Korea, Taiwan, Hong Kong, and Shanghai were trading lower.

US markets closed on a mixed note on Thursday.

European markets ended with gains on Thursday.

Brent crude lost 0.15 percent to USD 85.58 per barrel.

According to exchange data, Foreign Institutional Investors (FIIs) bought equities worth Rs 415.30 crore on Thursday.

On Thursday, the Sensex soared 141.34 points, or 0.18 percent to 77,478.93, while the Nifty inched up 51.00 points, or 021 percent to 23,567.00.

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