Sensex up 101 points; FMCG stocks steal the show

Our Bureau Updated - March 12, 2018 at 06:14 PM.

Domestic markets rose over 0.4 per cent at the end of the session on Wednesday led by FMCG, banking, healthcare and oil & gas stocks amid firm global cues.

The 30-share BSE index Sensex was up 101.23 points (0.51 per cent) at 19,990.18 and the 50-share NSE index Nifty was up 25.75 points (0.43 per cent) at 6,069.30.

On the BSE, FMCG index was up 1.43 per cent, followed by banking 0.11 per cent and oil & gas 0.11 per cent.

On the other hand, capital goods stocks index fell the most by 0.65 per cent, followed by auto 0.46 per cent and metal 0.36 per cent.

Among 30-share Sensex, HDFC, ITC, HDFC Bank, HUL and Hindalco were the top five gainers, while the top five losers were Bharti Airtel, Hero Motocorp, Tata Steel, M&M and Jindal Steel.

Asian shares rose to a two-year high led by strong Chinese trade data and record overnight gains posted by US and German stocks.

According to Chinese trade data, exports rose 14.7 per cent in April from a year ago while imports grew 16.8 per cent, leaving the country with a trade surplus of $18.16 billion.

In the Asian trade, Japan’s Nikkei 225 was up 105.45 points or 0.74 per cent at 14,285.69 and Hong Kong’s Hang Seng rose 165.05 points or 0.72 per cent to 23,212.14.

Most European stocks rose, after the Stoxx Europe 600 Index on Tuesday climbed to its highest since June 2008, as companies from ING Groep NV to Deutsche Telekom AG posted quarterly earnings that beat estimates.

Published on May 8, 2013 10:10