Breaking |

Breaking |

Stocks open in green ahead of Gujarat exit polls
Published : Dec 14, 2017, 10:20 am IST
Updated : Dec 14, 2017, 10:20 am IST
SHARE ARTICLE

Mumbai: The flagship Sensex opened in the green by jumping 117 points today on value-buying in blue- chips ahead of exit poll results for Gujarat election. Asian stocks moved sideways. The NSE Nifty went above 10,200-mark.  

The 30-share BSE index was up 116.70 points, or 0.35 per cent, at 33,169.74. The Sensex had lost 402.75 in the previous two sessions disappointed by grim economic data and the ADB lowering India's economic growth forecast.  

Advertisement


Also, the NSE Nifty rose 37.70 points, or 0.36 per cent, to 10,230.65. Analysts said optimistic buying by participants ahead of exit poll results for the assembly election of Gujarat later in the day had a bearing on mood.  

In her final act as the Fed chair, Janet Yellen moved to hike rates to a range of 1.25 per cent to 1.5 per cent, citing solid US job growth and household spending. The central bank kept its policy outlook on additional increases for 2018 and 2019 unchanged.  

Advertisement

Prominent gainers were Dr Reddy's, ONGC, Wipro, Bharti Airtel, Infosys, Heromoto Corp and Lupin, rising up to 0.86 per cent. All sectoral indices, including realty, consumer durables, oil and gas and metal stocks traded positive, with gains of up to 0.85 per cent.  


Investors took their cue from another Wall Street record after an upbeat assessment of the US economy by the Federal Reserve. Hong Kong's Hang Seng was up by 0.29 per cent while Japan's Nikkei fell 0.14 per cent and Shanghai Composite shed 0.20 per cent in early trade today.  

Advertisement

The US Dow Jones Industrial Average ended 0.33 per cent higher yesterday. PTI

SHARE ARTICLE
Advertisement
Advertisement

41 Years After 1984 Sikh Riots: PM Narendra Modi\'s big statement on 1984 Sikh Genocide | Sikh Riots

02 Nov 2025 6:10 PM

Jaggu Bhagwanpuria Lawyer Byte: Hear from Jaggu Bhagwanpuria\'s lawyer how many days of remand did he get?

02 Nov 2025 6:08 PM

Punjab news: Donkey route-path of death; Kaithal youth killed by donkey drivers

31 Oct 2025 7:22 PM

Captain Amarinder speaks for the first time on the issue of taking oath while holding Gutka Sahib

30 Oct 2025 7:29 PM

Former Badal rival Captain's big statement — Why is the Majithia government conducting an investigation?

30 Oct 2025 7:25 PM

Firozpur Scorpio Accident Video: You will never have seen such an accident before | Punjab Accident

29 Oct 2025 7:04 PM
Advertisement