Sensex today: Equity benchmark indices opened with slim gains on Monday tracking mixed cues from elsewhere in Asia. The BSE Sensex rose 100 points to a fresh high of 69,928 and the NSE Nifty50 gained 17 points to 20,950.
ONGC, HCL Tech, Tech M, IndusInd Bank, Kotak Bank and Tata Motors led gains on the Sensex, while Asian Paints, M&M, Sun Pharma, Dr Reddy’s were the top frontline laggards.
The BSE MidCap index was up 0.3 per cent and the SmallCap index rose by 0.6 per cent.
Global Cues
In Asia, Hong Kong and mainland China stocks–CSI 300, Hang Seng–lost over 1 per cent on persistent deflationary pressures. China’s inflation fell by 0.5 per cent YoY, ahead of expectations. Nikkei, meanwhile, surged nearly 2 per cent on bets the central bank may not raise rates next week.
Source: News18