BSE Sensex surges in morning trade ahead of GDP data

 

 

The BSE benchmark BSE Sensex continued to rise for the fifth session and rose over 80 points up to trade above 21,000 level in morning trade on Friday ahead of GDP data for October-December quarter amid a mixed Asian trend.
At 10.59 am, Sensex was up 82.71 points at 21069.70. Similarly, Nifty was up 19.35 points at 6258.15 during the same time.
The 30-share index, which had gained over 450 points in the previous four sessions, rose by 123.82 points, or 0.59 per cent, to 21,110.81 in early trade, with all the sectoral indices, led by healthcare and metal, were trading in positive territory with gains up to one per cent.
Similarly, the wide-based National Stock Exchange index Nifty rose by 26.75 points, or 0.43 per cent, to 6,265.55.
Buying activity by funds as well as retail investors picked up ahead of GDP data for the October-December quarter to be released later in the day, brokers said.
Besides, a mixed trend in the Asian region, following overnight gains on Wall Street after Federal Reserve's broadly positive outlook for the US economy, influenced the sentiment.
In the Asian region, Hong Kong's Hang Seng index was up by 0.50 per cent, while Japan's Nikkei Index shed 0.02 per cent in the morning trade on Friday.
The US Dow Jones Industrial Average ended 0.46 per cent higher in Thursday's trade.
With PTI inputs

anand maurya
pgdm-2sem