BSE climbs to 61000 in early trade on firm Asian markets

BSE climbs to 61,000 in early trade on firm Asian markets

The BSE benchmark climbed 378.3 points to 61,124.89 & NSE Nifty advanced by 118.5 points to 18,130.70, helped by a rally in Asian markets and continuous foreign fund inflow

Mumbai: Benchmark indices BSE and NSE maintained their winning momentum for the fourth day on Tuesday, helped by a rally in Asian markets and continuous foreign fund inflow. The 30-share BSE benchmark climbed 378.3 points to 61,124.89. On similar lines, the broader NSE Nifty advanced by 118.5 points to 18,130.70. The BSE benchmark rallied 786.74 points or 1.31 percent to settle at 60,746.59 on Monday. The Nifty advanced 225.40 points or 1.27 percent to end at 18,012.20.

Foreign Institutional Investors (FIIs) were buyers on Monday as they bought shares worth Rs 4,178.61 crore, as per exchange data.

Position of various stocks

From the Sensex pack, Dr Reddy's, NTPC, Power Grid, State Bank of India, HDFC Bank, HDFC, Bajaj Finance and Kotak Mahindra Bank were the major winners.

Axis Bank, Larsen & Toubro, and Tata Steel were the laggards.

Performance of markets worldwide

Asian markets in Seoul, Tokyo, Shanghai and Hong Kong were trading higher.

Wall Street had ended lower on Monday.

International oil benchmark Brent crude was trading 0.98 percent lower at USD 94.83 per barrel.

(With PTI inputs)

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