Domestic equities continued their bull run on Monday with the BSE Sensex rising over 300 points and the Nifty reclaiming the 11,500 mark amid unabated foreign fund inflows and narrowing country\u2019s trade deficit.<\/p>\n\n\n\n
Besides, positive cues from other Asian markets too bolstered trading sentiment here, traders said.The 30-share Sensex spurted 326.06 points, or 0.80 per cent, to 38,350.38 in early trade. The gauge had rallied 1,352.89 points points in the previous five sessions.<\/p>\n\n\n\n
The marginal 2.44 per cent increase in exports as well as lower imports of gold and petroleum products in February significantly narrowed the country\u2019s trade deficit to USD 9.6 billion, data released by the commerce ministry on Friday showed.<\/p>\n\n\n\n
India\u2019s merchandise exports rose to USD 26.67 billion in February from USD 26.03 per cent in the year-ago month mainly on account of higher shipments in sectors such as pharmaceutical, engineering and electronics.<\/p>\n\n\n\n
The broad-based NSE Nifty to rallied 82.15 points, or 0.72 per cent, to 11,509. Major gainers that supported the rally were PowerGrid, Kotak Bank, HDFC Bank, Reliance Industries, Axis bank, Bharti Airtel, Asian Paint, M&M, IndusInd Bank, Bajaj Finance, Asian Paint, Yes Bank, ICICI Bank, HDFC, ITC, Tata Steel, SBI, ONGC and Bajaj Auto, rising up to 2.57 per cent.<\/p>\n\n\n\n
Shares of Maruti, on the other hand, were the biggest losers, cracking up to 3.42 per cent.Barring auto and health care, all the sectoral indices on BSE, led by oil and gas, PSU, realty, power, bankex, IT and FMCG, were trading in the green.According to experts, narrowing trade deficit and sustained foreign fund inflows buoyed investor sentiment.<\/p>\n\n\n\n
On a net basis, foreign institutional investors bought shares worth a net of Rs 4,323.49 crore on Thursday, while domestic institutional investors were net sellers of Rs 2,130.36 crore, provisional data available with BSE showed.<\/p>\n","protected":false},"excerpt":{"rendered":"
Domestic equities continued their bull run on Monday with the BSE Sensex rising over 300 points and the Nifty reclaiming the 11,500 mark amid unabated foreign fund inflows and narrowing country\u2019s trade deficit. Besides, positive cues from other Asian markets too bolstered trading sentiment here, traders said.The 30-share Sensex spurted 326.06 points, or 0.80 per […]<\/p>\n","protected":false},"author":1,"featured_media":57234,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[410],"tags":[],"class_list":["post-57233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/57233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=57233"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/57233\/revisions"}],"predecessor-version":[{"id":57235,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/57233\/revisions\/57235"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/57234"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=57233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=57233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=57233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}