Sensex closes above 32,000 mark, Asian markets rally as Irma, North Korea tensions fade
Tata Steel, Tata Motors DVR, Sun Pharma, Tata Motors and Hindustan Unilever were the top five gainers at the BSE.
The Bombay Stock Exchange Sensex reclaimed the 32,000 mark on Tuesday, closing 276.50 points up at 32,158.66. The Sensex surged after sustained buying by domestic investors ahead of the release of macroeconomic data later in the day. The National Stock Exchange Nifty also rose 87 points to finish at 10,093.05.
Tata Steel, Tata Motors DVR, Sun Pharma, Tata Motors and Hindustan Unilever were the top five gainers on the BSE Sensex. The top five losers were Wipro, ONGC, Hero Motocorp, NTPC and Maruti Suzuki.
On the Nifty, the top gainer was BPCL, followed by GAIL, Tata Steel, Sun Pharma and Tata Motors DVR. The five stocks that declined the most were IndusInd Bank, Wipro, Hero Motocorp, Indiabulls Housing Finance and ONGC.
All Asian markets ended in positive, following a firm lead from Wall Street as concerns over the potential damage caused by Hurricane Irma faded and tension in the Korean Peninsula took a backseat. Japan’s Nikkei 225 closed over 230 points up. The Taiwan TSEC 50 Index jumped more than 38 points, the Hong Kong Hang Seng was up by 17.11 points and the Shanghai SE Composite Index by 3.07 points.
The rupee traded eight paise higher at 64.10 against the United States dollar at 3.55 pm.