Sensex jumps nearly 274 points in early trade; Nifty climbs to 15,873 - Hindustan Times
close_game
close_game

Sensex jumps nearly 274 points in early trade; Nifty climbs to 15,873

PTI |
May 16, 2022 09:56 AM IST

The 30-share BSE benchmark was trading 273.74 points higher at 53,067.36 in early deals. The broader NSE Nifty gained 91.1 points to 15,873.25.

The Sensex jumped nearly 274 points in early trade on Monday, tracking significant gains in US markets and buying in index majors Reliance Industries and HDFC.

Markets open in green as Sensex rises over 100 points, trades at 53,056; Nifty up over 80 points to 15,862
Markets open in green as Sensex rises over 100 points, trades at 53,056; Nifty up over 80 points to 15,862

The 30-share BSE benchmark was trading 273.74 points higher at 53,067.36 in early deals. The broader NSE Nifty gained 91.1 points to 15,873.25.

Hindustan Times - your fastest source for breaking news! Read now.

Among the Sensex firms, Tata Steel, Titan, Maruti, Bajaj Finance, M&M, Larsen & Toubro, State Bank of India, IndusInd Bank, Reliance Industries and HDFC were the biggest gainers in early trade.

In contrast, UltraTech Cement, Dr Reddy's, Nestle and Hindustan Unilever were among the laggards.

Markets in Asia were trading on a mixed note, with Hong Kong, Seoul and Shanghai quoting marginaly lower, while Tokyo traded higher.

Stock exchanges in the US had ended with smart gains on Friday.

"Cautious trend could prevail as the street will anxiously await the WPI inflation numbers slated to trickle in on Tuesday," said Prashanth Tapse, Vice President (Research), Mehta Equities Ltd.

Meanwhile, international oil benchmark Brent crude declined 1.57 per cent to USD 109.80 per barrel.

In the previous trade on Friday, the BSE benchmark declined 136.69 points or 0.26 per cent to end at 52,793.62. The NSE Nifty dipped 25.85 points or 0.16 per cent to settle at 15,782.15.

Continuing their selling spree, foreign institutional investors offloaded shares worth 3,780.08 crore on Friday, according to stock exchange data.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, March 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On