Nifty tops 10,600: Sensex surges over 200 pts in early trade

Mumbai (Bombay): Equity benchmark Sensex leaped over 200 points in early trade on Fri. tracking gains in index-heavyweights Reliance Industries, HUL & Kotak Bank amidst buoyancy in global markets.

After touching a high of 36,110.21, the 30-share index has been trading 204.90 points, (or) 0.57 percent, higher in 36,048.60, awhile the NSE Nifty rose 75.80 points, (or) 0.72 percent, to 10,627.50.

Bajaj Auto has been the top gainer within the Sensex pack, advancing about two percent, succeeded by Asian Paints, Bharti Airtel, HUL, Reliance Industries, HUL & Kotak Bank.

On the different hand, Tata Steel, HDFC, Mandamp;M & Bajaj Finance have been amongst the laggards.

Within the recent session, the BSE barometer settled 429.25 points, (or) 1.21 percent, higher in 35,843.70, & the broader Nifty surged 121.65 points, (or) 1.17 percent, to close in 10,551.70.

Foreign institutional investors have been net sellers on Thu., offloading equities value INR 556.72 cr, provisional exchange statistics demonstrated.

As per traders, national indices tracked gains in global benchmarks, that sophisticated after positive jobs statistics within the US enthused investors.

Bourses in Shanghai, Hong Kong, Tokyo & Seoul have been trading with gains.

Stock exchanges on Wall Street too stopped on a positive note in overnight session following a report rise in payrolls & a decline in unemployment.

The gains have been, although, capped as raising COVID-19 instances around the globe weighed on market mood, traders stated.

The amount of instances across the globe related to the disease has crossed 1.08 cr & the number of deaths has topped 5.20 lakh.

In India(In), the amount of infections spiked to 6.25 lakh & the number of deaths rose to 18,213.

Meantime, Intl. oil benchmark Brent crude futures fallen 0.70 percent to USD 42.84 per barrel.