Mumbai: The benchmark index Sensex on the domestic stock market saw a jump of about 113 points in early trade on Friday due to a sharp fall in global crude oil prices and trading in gains of big stocks like HDFC Bank, Tata Steel and Kotak Mahindra Bank. Foreign capital inflows also boosted investor sentiment. BSE’s 30-share index Sensex was trading 112.71 points higher at 58,681.22 points in early trade. Similarly, the NSE index Nifty was also present at 17,498.10 points with a strength of 33.35 points.
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Among the Sensex group companies, NTPC, Power Grid, Tata Steel, Mahindra & Mahindra, HDFC Bank and Kotak Mahindra Bank were among the gainers. On the other hand, early trade proved to be harmful for Titan, Infosys, ICICI Bank and Nestle India. On the last trading day on Thursday, the BSE Sensex closed at 58,568.51 points, down 115.48 points, or 0.20 percent. The Nifty of the National Stock Exchange also closed at 17,464.75, down 33.50 points, or 0.19 per cent.
Meanwhile, international oil benchmark Brent crude fell 4.88 percent to $107.91 a barrel. Foreign institutional investors (FIIs) bought shares worth Rs 3,088.73 crore on Thursday, according to data available from the stock exchanges. In the financial year 2021-22, the BSE Sensex rose 9,059.36 points or 18.29 per cent, while the Nifty gained 2,774.05 points or 18.88 per cent. (agency)
