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STOCK MARKET

Sensex Gains Over 1,000 Points, Nifty Reclaims 17,300 Points, Infosys Jumps 4%

Picture Source: Internet

In line with global stock markets, benchmark stock indexes opened higher on Friday, led by IT, banking and financial stocks gains.


The BSE Sensex was up 1,032 points or 1.80% at 58,267 at 9:17a m. The Nifty50 was trading at 17,311, up 297 points or 1.75%.


Among Sensex stocks, Infosys, SBI, ICICI Bank, Bajaj Finance and Axis Bank were the top gainers, gaining around 2-4%. L&T, HUL, HDFC Bank, Kotak Mahindra Bank and Tata Steel also opened higher.


On Thursday, the Dow Jones Industrial Average gained 2.83%, the S&P 500 gained 2.6%, and the Nasdaq Composite gained 2.23%. In Asian markets, Japan’s Nikkei rose 3.5%, South Korea’s Kospi rose 2.56%, and China’s Shanghai Composite rose 1.57%.


The Indian rupee was up three paise at 82.21 against the dollar in early trade on Friday. Meanwhile, the US dollar index, which tracks the greenback against a basket of six major world currencies, was down 0.01% at 112.34.

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