Sensex reclaims 40,000 mark ahead of Union Budget presentation

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MUMBAI: Domestic equity benchmark BSE Sensex on Friday reclaimed the 40,000 mark and the NSE Nifty inched closer to 12,000 level ahead of the Union Budget presentation.

 

The 30-share index was trading 114.67 points or 0.29 per cent, higher at 40,022.73 at 0930 hours.

Similarly, the broader Nifty was quoting 31.85 points, or 0.27 per cent, up at 11,978.60.

Top gainers in the Sensex pack in early trade included IndusInd Bank, L&T, HUL, Kotak Bank, HDFC, Asian Paints, Bajaj Auto and RIL, rising up to 1.14 per cent.

On the other hand, Yes Bank, ONGC, Vedanta, NTPC, Tata Motors, Hero MotoCorp, ITC, Bharti Airtel and TCS were among the losers, shedding up to 1.82 per cent.

In the previous session, the BSE gauge settled 68.81 points, or 0.17 per cent, higher at 39,908.06, while the Nifty climbed 30 points, or 0.25 per cent, to 11,946.75.

As per provisional data, foreign institutional investors sold equities worth Rs 28.95 crore, while domestic institutional investors purchased shares to the tune of Rs 58.59 crore on Thursday.

On the currency front, the Indian rupee depreciated 16 paise to 68.66 against the US dollar.

Meanwhile, the global oil benchmark Brent crude futures were trading 0.05 per cent lower at 63.27 per barrel.

 

With inputs from PTI

 

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