Home / Business / Money / Nifty hits 8100, Sensex soars over 400 pts; banks, infra up

Nifty hits 8100, Sensex soars over 400 pts; banks, infra up

Hero, HDFC, BHEL, L&T and Wipro are up around 3 percent each. Among the losers are HUL and Infosys. Midcaps and small caps are on fire gaining over 3 percent each.

13:15

The News International Team

The market is roaring with hefty gains as the Nifty hits 8100, up 124.65 points or 1.5 percent. The Sensex is up 419.49 points or 1.6 percent at 27050.78. About 2082 shares have advanced, 786 shares declined, and 87 shares are unchanged.

Hero, HDFC, BHEL, L&T and Wipro are up around 3 percent each. Among the losers are HUL and Infosys. Midcaps and small caps are on fire gaining over 3 percent each.

China’s President Xi Jinping gets a rousing welcome at the Rashtrapati Bhawan in New Delhi. The Chinese President is in India with a promise of investing a whopping USD 100 billion.

India’s monthly gold imports are set to rise by as much 50 percent from current levels while premiums could almost double as the country gears up for a surge in demand ahead of the year-end festivities and wedding season, industry sources said.

More purchases by the world’s No.2 gold consumer after China could help support global bullion prices, which are mired near an 8-1/2-month low of USD 1,216.01 per ounce amid fears a faster hike in US interest rates would dent its appeal as a hedge against inflation.

12:00

Sensex hits 27000, up 400 pts; Nifty races towards 8100

Housing finance company HDFC topped the buying list, up 2.6 percent followed by L&T, Tata Motors, Sun Pharma, Wipro, Dr Reddy’s Labs, Hero Motocorp, Tata Steel and Hindalco Industries with 2 percent gains each. However, HUL, Infosys and M&M remained under pressure.

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11:00

Sensex soars over 300 pts, Nifty up 1%; SBI gains 2%Read More »

L&T, Hero, Hindalco, Sun Pharma and SBI are top gainers in the Sensex. Among the losers are Infosys, HUL and M&M.

Read More »

10:00

Nifty hits 8050; Sensex, midcap, smallcap rally; Hero up 2%Read More »

The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices gaining 1 percent and 1.8 percent, respectively. About four shares advanced for every share declining on the Bombay Stock Exchange.

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09:15

Sensex up over 200 pts, Nifty above 8000; Sun Pharma gainsRead More »

Sun Pharma, Cola India, Hero and ONGC gain around 2 percent while Infosys, HUL and M&M are still losers in the Sensex.

Read More »

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