Business

Sensex gains 566 points in early trading when buying shares of Reliance, IT

MUMBAI: Stock indexes spike on Friday, continuing the previous day’s rally, with Sensex up 566 points at the beginning of the session, supported by heavy buying on the index Reliance Industries and IT stocks amid solid global trends.
BSE Sensex 30 shares traded 565.66 points higher at 56,383.77. Wider NSE Nifty increased by 159.85 points to 16,787.85.
From the Sensex package, WiproHCL Technologies, Infosys, Tech Mahindra, Reliance Industries, Bajaj Finserv, TCS and Bajaj Finance are the major gainers.
In contrast, UltraTech Cement, NTPC, Bharti Airtel and Son Asia are the laggards.
Elsewhere in Asia, markets in Seoul and Tokyo traded in the green. Trading was closed in China for a holiday.
The stock market in the US rose sharply on Thursday.
Sensex rallied 436.94 points or 0.79% to hit 55,818.11 on Thursday. Nifty gained 105.25 points, or 0.64%, to finish at 16,628.
Meanwhile, the international oil standard Brent Crude Oil down 0.09% to $117.42 per barrel.
Foreign institutional investors sold off shares worth 451.82 crore on Thursday, according to stock exchange data.

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