Sensex gains 250 points, Nifty nears 21,700 level in early trade
The Hindu
The 30-share BSE Sensex rose 250.08 points or 0.35% to 71,933.31 points in early trade
Equity benchmark indices opened on a positive note on January 20, with Sensex rising 250 points on the back of an uptick in financial stocks.
The 30-share BSE Sensex rose 250.08 points or 0.35% to 71,933.31 points in early trade. The Nifty climbed 75.80 points or 0.35% to 21,698.20 points.
Shares of HUL and Reliance Industries were under pressure after their December quarter results.
Reliance Industries shares were trading 0.18% down at ₹2,730 in morning deals post its third quarter earnings announcement on Friday.
The company posted a 9% rise in its December quarter net profit as a planned maintenance-induced weakness in oil business earnings was offset by stability in retail and telecom verticals.
The stock of HUL was down 2.68% at ₹2,496 apiece in initial deals.
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