Business EconomyPosted at: Nov 16 2018 4:58PM

Sensex rallies by 196.62 pts on brisk buying amid firm global cues

Mumbai, Nov 16 (UNI) The benchmark index of Bombay Stock Exchange
(BSE) extended gains on Friday by 196.62 points to end positive at
35,457.16 on brisk buying in FMCG, Power, Finance and Technology
stocks amidst firm global cues and slight recovery in rupee.
The Nifty of National Stock Exchange (NSE) also rose by 65.50
points to 10,682.20.
Positive global shares and a slight recovery in rupee also supported
gains in today's trade.
The Sensex increased by 138 points to 35,398.70 in early trade. It
then rallied by 285 points to touch day's high of 35,545.85, before
closing at 35,457.16, advancing by 196.62 points as compared to its
last close.
The Nifty of National Stocl Exchange (NSE) registered day's high and
low at 10,695.15 and 10,631.15 points, respectively.
The sectoral indices like Telecom, Energy, FMCG, Fiance and Power
kept the positive trend intact for another day, along with scrips of
Bharti Airtel, Reliance Industries, Hero MotoCorp and SBI.
However, selling in Yes Bank, Tata Steel, Maruti Suzuki and ONGC
restricted the Sensex's further gains, brokers informed.
The broader markets depicted weakness, as the BSE Mid-Cap index went
a tad up by just 0.04 per cent while the Small-Cap fell by 0.43 pc.
The market breadth was negative on BSE, as 1,126 shares advanced
against 1,509 declined and 149 were unchanged.
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Tags: #Sensex rallies by 196.62 pts on brisk buying amid firm global cues

Sensex rallies by 196.62 pts on brisk buying amid firm global cues

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