Breaking |

Breaking |

Sensex recovers 140 pts on positive GDP data
Published : Dec 1, 2017, 10:22 am IST
Updated : Dec 1, 2017, 10:22 am IST
SHARE ARTICLE

Mumbai: The BSE Sensex recovered over 140 points in early session today after fresh buying in blue-chips triggered by positive GDP numbers for the September quarter amid mixed Asian cues. Besides, investors creating new positions following the beginning of the December futures and options (F&O) series also lifted the key indices.   


Advertisement

The 30-share index, which had lost 575.09 points in the previous three sessions, was trading higher by 140.49 points, or 0.42 percent, at 33,289.84. All the sectoral indices led by realty, auto and healthcare were trading in the positive zone with gains up to 1.29 percent. The Nifty also rebounded 43.85 points, or 0.42 percent, to 10,270.40. 


Sentiment got a boost after data showed that India's economy expanded by 6.3 percent in the July-September quarter as manufacturing revved up and business adjusted to the new GST tax regime, reversing a five-quarter slide in GDP growth, brokers said. Auto stocks were in keen demand on expectations of encouraging November sales data. 

Advertisement


Big gainers that supported the key indices include Tata Motors, ONGC, TCS, Sun Pharma, L&T, Kotak Bank, Adani Ports, ICICI Bank, Reliance Industries, Hero MotoCorp, M&M, Maruti Suzuki, NTPC and ITC Ltd with gains of up to 1.22 percent. A mixed trend at other Asian markets and overnight gains at Wall Street as the Dow Jones finished above 24,000 points for the first time yesterday as the Senate tax cut plan moved closer to passage, too influenced sentiments here. 


Advertisement

Hong Kong's Hang Seng was up 0.01 percent and Japan's Nikkei was almost flat in their early sessions while Shanghai Composite index fell 0.20 percent.

SHARE ARTICLE
Advertisement
Advertisement

Manjinder Lalpura USMA Case: See what MLA Lalpura did with this girl! matter revealed on camera

12 Sep 2025 6:50 PM

Big Breaking : AAP MLA Manjinder Lalpura sentenced to 4 years | Tarn Taran Court 

12 Sep 2025 6:47 PM

Hoshiarpur: Will immigrants now be out of Punjab?

12 Sep 2025 6:45 PM

Raja Warring's Anger Boils: \'state has Rs 12,000 crore, so why isn't it being spent?\'

11 Sep 2025 6:53 PM

Hoshiapur Missing Child Body Found News

11 Sep 2025 6:49 PM

Minister Hardeep Mundian teared up during the interview when he recalled PM Modi's words!

10 Sep 2025 6:26 PM
Advertisement