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Sensex begins FY19 on firm note, rises over 100 points
Last updated on Apr 02, 2018, 11:21 am
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Domestic equities opened on a firm note on the first trading day of the new financial year 2018-19 today, with Sensex reclaiming the 33,000-mark by rising over 100 points amid positive global cues.
The 30-share BSE benchmark, which had lost 205.71 points in the last session of FY18 on Wednesday, rose 133.32 points, or 0.40%, to 33,102.00.
Here's more.
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The gains
Gains were led by auto, infrastructure, and other stocks
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The gains were led by auto, infrastructure, oil & gas, capital goods, healthcare, IT and metal stocks.
Auto stocks such as Tata Motors, Maruti Suzuki, M&M and Bajaj Auto rose up to 2.46%.
Other gainers include Adani Ports, Dr. Reddy's, L&T, RIL, Yes Bank, Tata Steel, Kotak Bank, Infosys, HDFC, ONGC, Sun Pharma, SBI, and TCS that gained up to 1.51%.
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Nifty
NSE Nifty too was trading over 10,150 points
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In contrast, ICICI Bank, Coal India, Axis Bank, Asian Paint, Wipro and Hindustan Unilever were trading in the negative zone.
Meanwhile, the broad-based NSE Nifty too was trading higher by 64.85 points, or 0.64%, to 10,178.55.
Brokers said the beginning of the new financial year and April F&O series, amid positive Asian cues, boosted investor sentiment.
In the Asian region, Japan's Nikkei rose 0.50%.
