Sensex Up By 90 Points at 31861, Nifty Reclaims 9900 Mark

M-cap market news sensex nifty sensex news niftey news Infosys recent news

M-cap market news sensex nifty sensex news niftey news Infosys recent news

The benchmark National Stock Exchange Nifty reclaimed the 9,900-level and the Bombay Stock Exchange Sensex gained 167 points during morning trading session on Thursday.

On Monday the Sensex closed at 31,449.03 points.

■ 9.30am: BSE Sensex trades higher by 69 points, or 0.22%, to 31,840, while the Nifty 50 rises 26 points, or 0.26%, to 9,923.

Infosys took the lead in gainers category by rising over 3.25 or Rs 32 trading at Rs 1008.50 on BSE after the company said it will consider a proposal for buyback of its equity shares at its meeting to be held on August 19.

Information technology also gained. With the geopolitical tensions between United States and North Korea coming off the boil, the Asian markets turned to positive which reflected upon the sentiments of Indian investors as well.

On Wednesday, the key benchmark indices rose 1 per cent which is their biggest single day gain since July 10. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3% in early trade.

■ 10.45am: Metal stocks gains amid better-than-expected demand in China and a weakening dollar. BSE Sensex ended 320 points higher and the Nifty ended just a tad below 9900. Tech Mahindra was up 1.8 per cent while HCL Tech rose 1 per cent.

Indian shares rallied to close near the day's highs on Wednesday, with strong gains in Europe lending support.

Overseas, most Asian markets were trading higher as geo- political tensions in the region continued to recede.

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