Sensex rises 224 pts on fund inflows, positive Asian cues

Sensex rises 224 pts on fund inflows, positive Asian cues
Highlights

The equity benchmark BSE Sensex rose by almost 224 points Monday on buying in key frontline counters led by metal, banking, auto and energy stocks amid fresh foreign fund inflows

Mumbai: The equity benchmark BSE Sensex rose by almost 224 points Monday on buying in key frontline counters led by metal, banking, auto and energy stocks amid fresh foreign fund inflows.

Positive cues from other Asian markets also bolstered trading sentiments here, traders said.

The BSE Sensex rose 223.89 points, or 0.62 per cent, to 36,186.82.

The gauge had gained over 33 points in the previous session on Friday.

The broader Nifty 50 index was trading at 10,864.80, with a gain of 59.35 points, or 0.55 per cent.

Major gainers were Vedanta Ltd, Reliannce Industries, Yes Bank, Tata Steel, Maruti Suzuki, Sun Pharma, HDFC Bank, Adani Ports and PowerGrid, and SBI, rising up to 3.83 per cent.

On a net basis, foreign portfolio investors (FPIs) bought shares worth Rs 861.94 crore on Friday, while DIIs sold equities to the tune of Rs 303.52 crore, provisional data showed.

Among Asian markets, Japan's Nikkei was trading higher by 0.67 per cent. Hong Kong's Hang Seng moved up 0.09 per cent, while Shanghai Composite inched 0.01 per cent higher.

The US Dow Jones Industrial Average ended 2.02 per cent lower in Friday's trade.

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