Home Business Sensex, Nifty open higher on foreign investor buying, global cues

Sensex, Nifty open higher on foreign investor buying, global cues

Mumbai: Sensex and Nifty opened in the positive zone on Monday, supported by foreign investor buying and a rally in US markets. A strong trend in Asian equities also lifted investor sentiment.

The 30-share BSE Sensex rose 104.84 points to 79,962.63, while the broader NSE Nifty gained 55.85 points to 24,419.15 in early trade.

Top gainers in the Sensex pack included State Bank of India, Trent, NTPC, Tata Motors, UltraTech Cement and Kotak Mahindra Bank. Titan, ICICI Bank, HCL Tech and Bajaj Finserv were among the laggards.

Provisional exchange data showed foreign institutional investors were net buyers on Friday, purchasing shares worth ₹1,932.81 crore.

Meanwhile, Brent crude, the global oil benchmark, was trading 0.45 per cent lower at USD 66.29 per barrel.

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