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Indian Market: Sensex advanced over 200 pts

Indian Market: Sensex advanced over 200 pts

India Blooms News Service | @indiablooms | 28 May 2020, 07:01 am

Mumbai/UNI: The BSE Sensex on Thursday rallied by 222 points to open at 31,827.80 on renewed buying in the Finance, Bankex and Capital Goods, ahead of the expiry of futures and options contracts of May series, amid positive Asian Market.

The Nifty of National Stock Exchange too rose by 66.80 points to 9,381.75.

The sectoral indices like Finance, Bankex Capital Goods and Energy stocks kept the market firm for another day on Thursday.

The Mid cap increased by 0.52 per cent and Small cap too by 0.78 per cent.

Of 30 scrips, 19 advanced, while 11 declined.

As many as 24 companies, including TVS Motor, Lupin and Federal Bank are scheduled to announce their March quarter results on Thursday. US stocks rose on Wednesday.

The Dow Jones rose 2.2 per cent, the S&P 500 gained 1.48 per cent, and the Nasdaq Composite added 0.77 per cent.

In Asian shares, South Korea's Kospi was up 0.6 per cent, while Japan's Nikkei gained 1.4 per cent and Australia's ASX jumped 2.2 per cent.

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