Sensex Zooms 135 Points at 31969, Nifty Above 10000

Pablo Tucker
October 12, 2017

Besides, heavy selling pressure in metal, banking and automobile stocks, along with outflow of foreign funds, kept investors' sentiments subdued.

The Sensex touched a high of 32,209.03 points and a low of 31,813.67 during intra-day trade.

"Sectorally, except IT and energy, all the sectors of broader market have closed in the negative".

"The benchmark indices opened higher tracking positive trend seen in Asian markets after Wall Street's rally to new highs". Healthcare, realty, IT, capital goods, oil and gas and auto stocks were in the pink of health, rising by up to 0.86 per cent.

A host of economic data releases such as CPI inflation and factory output numbers due for release post market hours on Thursday are as important as TCS earnings.

Sensex heavyweight Reliance Industries stole the show, surging 3.82 per cent to end at Rs 872.50 ahead of the second quarter earnings slated for Friday.

Japan's Nikkei rose 0.47 per cent while Hong Kong's Hang Seng moved up 0.17 per cent in early trade today.

Hindalco, Infratel, Reliance Industries, Sun Pharma and Vedanta led the gainers in the Nifty pack while Bharti Airtel, UltraTech Cement and International Olympic Committee were among the top decliners. It was followed by Reliance Industries (Rs. 551.32 million), Tata Consultancy Services (Rs. 476.16 million) and State Bank Of India (Rs. 316.60 million).

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