Nifty Inches Closer to 10000-Mark, Sensex Over 150 Points up

Divis Labs, SREI Infrastructure, MRPL and Persistent Systems lost up to 5 percent.JP Associates, Welcorp, Unitech, GMRINFRA and J&K bank are the Top Performers on BSE, The 30-share BSE Sensex was up 51.05 points at 32,079.94 and the 50-share NSE Nifty gained 9.05 points at 9,924.30. Nifty, meanwhile, was incing closer to the 10,000 mark and was trading at 9,961, which is 46 points higher.

Nifty Midcap gained 0.2 percent in early trade.

The stock market witnessed a rally in early trade on Monday with both the Sensex and Nifty indices hitting new all-time highs. Stocks rose on better-than-expected quarterly corporate results.

Other Asian markets ended on a mixed note, with a firmer yen, Friday's oil sell-off and US political concerns weighing on markets.

Biggest gainers in the 30-share index were Bharti Airtel (2.20%), Wipro (1.89%), Reliance Industries (1.89%), HDFC Bank (1.83%), Tata Consultancy Services (1.68%), and ITC (1.63%).

The benchmark BSE Sensex resumed higher at 32,100.22 and moved between all time high of 32,232.63 and a low of 32,058.33 in morning trade.

In Asia, slipped with the MSCI's broadest index of Asia-Pacific shares outside Japan down 0.2 percent.

In investments, provisional data with the exchanges showed that foreign institutional investors (FIIs) sold scrips worth Rs 366.84 crore, while domestic institutional investors (DIIs) bought stocks worth Rs 668.87 crore.

  • Eleanor Harrison