Sensex gains traction; grow 61 points today in trade
Author yuvamind
According to benchmark BSE Sensex on Thursday grow over 61 points today in trade, extending Wednesday ' s gains on increased capital inflows amid a mixed movement in global markets.
The 30-share index advanced 61.21 points, or 0.21%, to 27,898.42, with consumer durables, capital goods, IT, PSU and technology sector stocks leading the rise. The gauge had gained 191.68 points in the previous session.
On similar lines, the broader NSE Nifty moved up 23.10 points, 0.27%, to 8,446.35. Brokers said continued buying by foreign investors mainly influenced trading sentiment. Besides, a mixed trend at other Asian bourses supported the rise on the domestic bourses.
Bucking the trend, shares of Tata Steel plunged 4.16% to Rs 346.30 after the company yesterday reported a consolidated net loss of Rs 5,674.29 crore for the quarter ended March 31, 2015.
In the Asian region, Japan ' s Nikkei moved up 0.46% while Hong Kong ' s Hang Seng index slipped 0.15% in early trade today. The US Dow Jones Industrial Average ended 0.15% lower in yesterday ' s trade.