Market Live:
Sensex reclaims 35K, opens up 100 pts; sharp fall in oil prices lift IOC, HPCL,
BPCL
Benchmark indices started off trade on a
positive note on Monday, following sharp correction in oil prices and recovery
in rupee.
The 30-share BSE Sensex
gained 107.70 points at 35,032.57 and the 50-share NSE Nifty rose
44.50 points to 10,649.70.
Bank of Baroda, IOC, HPCL,
BPCL and Sun Pharma jumped up to 7 percent while Tech Mahindra and Vedanta
are under pressure.
Nifty Midcap index gained 110 points.
Jet Airways, InterGlobe Aviation, Excel
Industries, Indian Bank, Waterbase, Meghmani Organics, RCF, FACT, Balrampur
Chini, Praj Industries, Triveni Engineering, Nalco, NBCC, Divis Labs, Dixon
Tech and Himatsingka Seide rallied up to 6 percent.
PC Jeweller and IDBI Bank are under
pressure.
The Indian rupee traded 27 paise higher
at 67.49 against the US dollar in early trade after opening at 67.52.
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