Intraday News today.
Sensex climbs 250 pts, Nifty nears 10,850; YES Bank, Sun Pharma rise 2% each
Benchmark indices opened
higher in Friday’s trade, tracking firm closing for US stocks in overnight
trade.
At 9.24 am, the BSE Sensex was trading 242.58
points, or 0.68 per cent, higher at 36,049.86. It jumped over 250 points in
early trade. The NSE barometer Nifty50 was ruling at 10847.35, up 67.55 points,
or 0.63 per cent .
With this, the index has surpassed the hourly
swing high of 10,820 and is now expected to retest our mentioned levels of
10,880-10,920 in next couple of days, said analysts.
“Traders are advised to stay
positive and do not hesitate to buy into such declines. Further, the Midcap
index continues to impress traders’ fraternity. Going ahead, we are likely to
get better opportunities in the Adviser
Street.
Coal India NSE -3.08 % and NTPC were 0.66 per cent and
0.54 per cent, respectively.
INFINANCIAL MARKETS
Asia
stocks inched higher on Friday after Wall Street ended volatile trade in the
green, adding to the massive gains of the previous session. MSCI’s broadest
index of Asia-Pacific shares outside Japan rose 0.15 per cent. Australian
stocks added 0.5 per cent and South Korea’s KOSPI climbed 0.65 per cent.
Japan’s Nikkei bucked the trend and slipped 0.25 percent.
