Stock markets settle in positive territory; Sensex climbs 167 points, Nifty up by over 64 points

The Nifty rose by 64.55 factors or 0.30 per cent to 21,782.50. Among the Sensex corporations, State Bank of India, Sun Pharma, ICICI Bank, Axis Bank, Titan,

Image Source : INDIA TV Sensex and Nifty ended on a optimistic word on February 9.

Benchmark Sensex rebounded by 167 factors in a unstable commerce on Friday amid shopping for in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 factors or 0.23 per cent to settle at 71,595.49. During the day, it hit a excessive of 71,676.49 and a low of 71,200.31.

The Nifty rose by 64.55 factors or 0.30 per cent to 21,782.50. Among the Sensex corporations, State Bank of India, Sun Pharma, ICICI Bank, Axis Bank, Titan, Bajaj Finance, Nestle, Asian Paints, Kotak Mahindra Bank, Reliance Industries, IndusInd Bank and Wipro had been the main gainers.

Mahindra & Mahindra, Bharti Airtel, NTPC, Tata Steel, Infosys, JSW Steel, Power Grid and Tata Motors had been among the many laggards. In Asian markets, Tokyo and Shanghai settled within the optimistic territory whereas Hong Kong ended decrease.

European markets had been buying and selling on a blended word. The US markets ended within the inexperienced on Thursday. Foreign institutional buyers (FIIs) offloaded equities price Rs 4,933.

78 crore on Thursday, in keeping with trade information.

Rupee falls in opposition to greenback 

Meanwhile, the rupee depreciated by 7 paise to 83.03 in opposition to the US greenback on Friday, monitoring a powerful American forex and elevated crude oil costs within the worldwide market. Forex merchants stated the Indian rupee depreciated as overseas fund outflows weighed on the rupee.

However, optimistic home markets cushioned the draw back. At the interbank overseas trade market, the native unit opened at 82.96 and at last settled at 83.03  in opposition to the greenback, down by 7 paise from its earlier shut.

(With PTI inputs)

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Source: www.indiatvnews.com

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