Sensex zooms 942 points, rupee gains 79 paise against US dollar in early trade

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MUMBAI: The benchmark BSE Sensex skyrocketing over 900 points, and the rupee appreciating 79 paise against the US dollar on Monday.

 

After soaring over 962 points in the early session, the 30-share index pared some gains and was trading 687.63 points or 1.81 per cent, higher at 38,618.40.

In similar movement, the broader NSE Nifty was trading 203.05 points, or 1.78 per cent, up at 11,610.20.

Top gainers in the Sensex pack include Maruti, L&T, SBI, ICICI Bank, RIL, M&M, IndusInd Bank, Axis Bank, Yes Bank and Vedanta, rising up to 4 per cent.

On the other hand, Bajaj Auto, Infosys and HCL Tech slipped up to 2 per cent.

On Friday, foreign institutional investors sold equity worth Rs 1,057.82 crore.

Meanwhile, domestic institutional investors purchased shares to the tune of Rs 1,809.76 crore, provisional data available with stock exchanges showed.

On the currency front, the rupee appreciated by 79 paise to 69.44 against the US dollar in opening trade on Monday.

Brent crude, the global benchmark, was trading at 73.28 per barrel, higher by 1.48 per cent.

 

With inputs from PTI

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