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Sensex moves in line with Asia, up 154 pts

10:16 HRS IST

Mumbai, Nov 21 (PTI) The Sensex struck a positive note
on Tuesday by jumping 154 points, in keeping with firm Asian
shares.

Fresh capital kept the flow on in the wake of continued
buying by domestic institutional investors amid positive
global indicators.

The 30-share index was trading higher by 154.01 points,
or 0.46 per cent, to 33,513.91. Metal, consumer durables,
realty and banking counters kept buzzing, with indices rising
by up to 0.96 per cent.

The barometer had notched up 599.46 points in the
previous three sessions.

The NSE index Nifty hit 10,337.75, with gains of 39
points — or 0.37 per cent.

According to analysts, domestic institutional investors
carried on with buying amid a firming trend in other Asian
markets after positive leads from Wall Street.

The stocks that set the tone for the day included
Reliance Industries, Tata Steel, Cipla, Adani Ports and Bharti
Airtel, jumping up to 2.13 per cent.

VRL Logistics surged 3.66 per cent and Gati Ltd 3.06 per
cent after the logistics sector received infrastructure status
by the government yesterday that will help it access loans on
easier terms.

Hong Kong’s Hang Seng was up 0.79 per cent and Japan’s
Nikkei gained 1.03 per cent. Shanghai Composite gained 0.47
per cent in early trade today.

The US Dow Jones Industrial Average ended 0.31 per cent
higher yesterday.

Source of news : Ptinews

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