Sensex gets a buying lift, up 123 points; RIL at new high

The benchmark Sensex climbed over 123 points to 35,670.39 in opening tradeled by gains in index heavyweight Reliance Industries, amid continued buying by domestic institutional investors.

The 30-share index was quoting higher by 123.06 points, or 0.35 %, at 35,670.39. It had gained 260.59 points in the previous session.

All the sectoral indices were trading higher, led by capital goods, consumer durables, infrastructure, banking, realty and oil and gas.

Similarly, the broader 50-share NSE Nifty edged up 37.55 points, or 0.34 %, to 10,809.60.

Stocks of Reliance Industries continued its upward trajectory, scaling a new peak of 1,031 by surging 1.08 %.

Other gainers included Adani Ports, ICICI Bank, Tata Motors, Axis Bank IndusInd Bank, Asian Paints, Hero MotoCorp, L&T, TCS, Tata Steel and Bharti Airtel, rising by up to 2.05 %.

Sentiment was largely buoyed by continued pumping of funds into markets by domestic institutional investors (DIIs) amid a mixed trend at other Asian markets.

Japan’s Nikkei was up 0.52 %, while Hong Kong’s Hang Seng declined 0.84 % in early trade today. Shanghai Composite too was marginally down.

The US Dow Jones Industrial Average ended 0.17 % lower on Wednesday.

Bombay Stock Exchange - BSE

National Stock Exchange of India Ltd (NSE)