Sensex Rises 120 Points In Opening Trade

This news release sensex gained 120 points in opening trade on Friday, the Bombay Stock Exchange continued to negotiate the purchase at lower levels, with the exchange environment to facilitate the increase in food inflation.

Sensex, which has received nearly 1,045 points in the last five sessions of the fired rose 119.85 points or 0.65 percent to 18,626.67 on Friday. capital goods, oil and gas stocks and banks led the rally.


Similar large-scale National Stock Exchange index Nifty gained 29.60 points, or 0.60 percent, to 5,576.05 points. Brokers said the availability of several stocks at attractive levels and a decline in food inflation has provided essential support to the market.

In addition, concealment of pending short positions by speculators in the market rally continued, they said. In Asia, Hong Kong Hang Seng Index by 0.48 percent while the Japanese Nikkei index was almost flat in early trade today. The U.S. Dow Jones Industrial Average ended 0.24 percent higher in trading Wednesday.

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