Sensex jumps at the start on Asian optimism

Press Trust of India  |  Mumbai 

Key stock indices and were up today, mirroring Asian optimism on fresh data that pointed to a steady revival in the US economy.

At the start, the 30-share index rose 77.49 points, or 0.22 per cent, at 33,833.77. The too went up by 23.40 points, or 0.22 per cent, to 10,463.70.


All sectoral indices flashed green, rising by up to 0.85 per cent.

The had lost 80 points in the past two sessions.

Hunt for bargains in recent losers and a higher trend in Asian markets following overnight gains on in the wake of upbeat US economic data triggered fresh spell of buying, traders said.

Big gainers were L&T, Bharti Airtel, Tata Motors, ONGC, M&M and Adani Ports, surging up to 0.97 per cent.

Hong Kong's was up 0.30 per cent and Composite rose 0.05 per cent in early session today. Japan's Nikkei, however, shed 0.03 per cent.

The US Industrial Average closed 0.23 per cent higher yesterday.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, December 22 2017. 10:05 IST