sensex today: Sensex earns 150 points ahead of RBI board meeting

MUMBAI: The benchmark ESB Sensex jumped more than 150 points and the NSE Nifty broke the 10,700 mark in opening on Monday, thanks to widespread gains ahead of the board of directors' meeting. Reserve Bank of India following inflows of capital by foreign funds.

Positive leads from other Asian markets also influenced feelings.

The index of 30 stocks traded at 190.81 points, or 0.54%, higher at 35,647.61 points.

The sector indices, mainly those in the real estate, metals, automotive, information technology and bankex sectors, advanced up to 1.44%.

The barometer gained 315.17 points in the previous two sessions.

Similarly, the Nifty NSE index gained 43.10 points, or 0.40%, at 10,725.30 points.

Investors are waiting for information from the Reserve Bank of India's board of directors that will meet later in the day.

Ministry of Finance candidates and some independent directors are expected to face Governor Urjit Patel and his team later in the day on issues ranging from micro, small and medium enterprise (MSME) credit to central bank reserves, although two parties favor a common ground.

Brokers have indicated that in addition to inflows of capital from foreign funds, positive indices from other Asian markets, revealing weekend gains on Wall Street after US President Donald Trump had said he could not impose more duties on Chinese products after Beijing would have sent a list of measures that he was willing to take. solve trade tensions, fueled the feeling.

The main winners were Yes Bank, Infosys, M & M, Hero MotoCorp, RIL, HDFC Bank, HDFC, Sun Pharma, Maruti Suzuki, Tata Steel, Wipro, L & T, Vedanta, TCS, ICICI Bank, Coal India, ITC , PowerGrid, HUL and Bajaj Auto, winning up to 4.29%.

Among the biggest losers were Bharti Airtel, Axis Bank, Wipro, Asian Paints, ICICI Bank and Adani Ports, down 1.30%.

At the same time, foreign institutional investors (FII) bought shares worth Rs. 844.82 crore on Friday, while national institutional investors (DII) sold shares for C $ 372.24. rupees, according to provisional data.

Elsewhere in Asia, Japan's Nikkei rose 0.50%, Korea's KOSPI 0.21%, Shanghai composite index 0.22% and Hong Kong's Hang Seng 0 24%.

The Dow Jones Industrial Average index of the United States ended up 0.49% on Friday.