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Sensex rises over 100 pts on robust FII buying
Rising for the ninth straight session, market benchmark BSE Sensex rose over 119 points in early trade Friday led by gains in banking, metal and auto stocks amid sustained foreign fund inflow.
Mumbai: Rising for the ninth straight session, market benchmark BSE Sensex rose over 119 points in early trade Friday led by gains in banking, metal and auto stocks amid sustained foreign fund inflow.
Gains were, however, capped tracking Asian markets as investors turned cautious after the US Federal Reserve kept interest rates unchanged, experts said.
Also Read: Sensex, Nifty rise on sustained foreign fund inflow
The 30-share index was trading 119.52 points, or 0.31 per cent, higher to 38,506.27. The index began the session on a firm note at 38,452.47 and hit the session's high of 38,526.71 on steady buying by foreign funds as well as retail investors.
The NSE Nifty also advanced by 36.35 points, or 0.32 per cent, to 11,557.40.
Also Read: Sensex, Nifty start on a positive note on Tuesday
Meanwhile, the rupee appreciated by 6 paise to 68.57 against the US dollar in opening trade.
On Wall Street, the US Dow Jones Industrial Average ended 0.84 per cent higher in Thursday's session. (PTI)