Sensex continues upward march
Sensex continues upward march
The BSE benchmark 30-share index continued its upward march on heavy FII inflows.

Mumbai: The Bombay Stock Exchange benchmark 30-share index continued its upward march during morning trade on Tuesday and was quoted 66 points up on heavy FII inflows in the first two days of November.

The sensex opened moderately higher at 8218.82 as against Monday's close of 8206.83 and later surged up to a high of 8274.93 before being quoted at 8272.33 at early trade, up by 65.50 points over last close.

Investors have turned enthusiastic following heavy fund inflows from Foreign Institutional Investors (FIIs), which reported net investments of Rs 435 crore on first week of November.

The market was well supported by sliding oil prices and attractive economic fundamentals. Global crude prices were quoted below expectation in Asian trade on Tuesday morning.

Brokers expected the market to remain bullish in view of positive FII activity from the beginning of the month.

What's your reaction?

Comments

https://tupko.com/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!