Benchmark domestic stocks today logged gains of around one per cent amid mixed global cues. The BSE Sensex regained 51,000 mark while the NSE Nifty reclaimed 15,000 level. The rupee appreciated 32 paise against the US currency.
The Sensex surged 584 points, or 1.16 per cent, to finish at 51,025 and the Nifty climbed 142 points, or 0.95 per cent, to close at 15,098.
The broader market at BSE declined, underperforming the Sensex. The BSE Mid-Cap index fell 0.66 per cent while the BSE Small-Cap index ended 0.41 per cent down.
In the Sensex pack, shares of 19 companies gained while 11 logged losses. In sectoral indices, six out of 19 sectors logged gains.
In the Global equity market, most emerging Asian share markets rose. Singapore Straits Times gained 1.2 per cent and Japan’s NIKKEI-225 climbed one per cent. Hong Kong’s Hang Seng rose 0.8 per cent.
On the other hand, China’s Shanghai Composite index plunged 1.9 per cent and South Korea’s KOSPI fell 0.7 per cent.
European shares were up in intra-day trade. London’s FTSC-100 surged 0.7 per cent, France’s CAC added 0.3 per cent and Germany’s DAX rose 0.4 per cent.
Oil prices gained amid hope of a recovery in the global economy after the U.S. Senate approved a USD 1.9 trillion stimulus package. In intra-day trade, Brent crude prices were trading around USD 68.80 per barrel.
Back Home, Gold prices gained Rs 480 per 10 gram at Multi Commodity Exchange for April contracts in sync with gains in global markets. Gold futures were at around Rs 44,700 per 10 gram. Silver prices also climbed Rs 1110 to around Rs 66,960 rupees per kilogram for March contracts.
At the forex market, the rupee strengthened 32 paise to Rs 72.93 against the US dollar.
