Sensex jumps 309.91 points in early trade; Nifty above 16,700
The Hindu
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Benchmark indices Sensex and Nifty surged higher in the opening trade on March 14, helped by heavy buying in IT counters amid a mixed trend in Asian markets.
Rising for the fifth straight session, the BSE benchmark Sensex jumped 309.91 points to 55,860.21. Similarly, the broader NSE Nifty also climbed 72.1 points to 16,702.55.
In the 30-share Sensex pack, Infosys, HDFC Bank, Tech Mahindra, Wipro and State Bank of India were the major gainers.
In contrast, Hindustan Unilever Limited, Mahindra & Mahindra, Bajaj Finance and Dr Reddy's Laboratories were among the laggards.
On Friday, the 30-share BSE Sensex had settled 85.91 points or 0.15% higher at 55,550.30. The broader NSE Nifty gained 35.55 points or 0.21% to close at 16,630.45.
Bourses in Hong Kong and Shanghai were quoting lower, while Tokyo was trading higher during the mid-session deals.
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