Sensex holds firm, rises over 100 points

November 01, 2019 10:01

Market benchmark BSE Sensex rose over 100 points in early trade on Friday led by gains in Infosys, HDFC twins and ITC amid positive global cues and sustained foreign fund inflow. The 30-share index was trading 136.83 points, or 0.34 per cent, higher at 40,265.88, and the broader NSE Nifty advanced 33.90 points, or 0.29 per cent, to 11,911.35. Top gainers in the Sensex pack included IndusInd Bank, Hero Motocorp Tech Mahindra, Tata Steel, ITC and Infosys, rising up to 2.68 per cent. On the other hand, Bharti Airtel, Tata Motors, Yes Bank, TCS, RIL and SBI fell up to 1.98 per cent.

The rupee depreciated by 6 paise to 70.98 against US dollar in early trade on Friday as weak macro environment and rising crude prices kept investors edgy. However, a weak dollar against major currencies overseas, persistent foreign fund inflows and a positive opening in the domestic equity market extended support to the rupee, forex dealers said.

Image: Tata Steel was among the top gainers in the pack.

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