Business

Sensex up 250 points, oil, gas stocks surge

Agency | March 11, 2019 01:59 PM

MUMBAI:  Amid mixed global cues Sensex surged close to 250 points as key equity indices opened in green on Monday, owing to gains in the banking and finance stocks.

Healthy buying was seen in all the sectors with BSE Oil and Gas index leading the pack, closely followed by banking and finance scrips.

Oil prices rose on Monday, said Anuj Gupta of Angel Broking, owing to comments from Saudi Oil Minister, indicating that the suppy cuts by the Organization of the Petroleum Exporting Countries (OPEC) would continue till June.

The Sensex of the BSE opened at 36,741.57 from its previous close at 36,671.43 on Friday.

At 9.31 a.m., the Sensex traded at 36,919.78 higher by 248.35 points or 0.68 per cent.

The Nifty of the National Stock Exchange (NSE) opened at 11,068.75 from it's previous close of 11,035.40. It traded at 11,035.40 during the morning trade session, up 22.80 points and 0.21 per cent.

On Friday, foreign institutional investors (FIIs) bought stocks worth Rs 1,095.06 crore while domestic institutional investors (DIIs) sold stocks to the tune of Rs 470.70 crore.

Have something to say? Post your comment
Must Read
CM mourns passing away of former Punjab Senior Bureaucrat Shivinder Singh Brar
CM mourns passing away of former Punjab Senior Bureaucrat Shivinder Singh Brar
DC leads hundreds of volunteers to pledge for further wiping out the curse of drugs from the Jalandhar
DC leads hundreds of volunteers to pledge for further wiping out the curse of drugs from the Jalandhar
‘Kesari' epitomizes never say die spirit of Sikhs
‘Kesari' epitomizes never say die spirit of Sikhs
On Martyrdom of Bhagat Singh, Shanivar Shramdaan Mission started for clean Mansa campaign
On Martyrdom of Bhagat Singh, Shanivar Shramdaan Mission started for clean Mansa campaign
Congress leaders led by MP Santokh Singh Chaudhary pay floral tributes to Martyr Bhagat Singh
Congress leaders led by MP Santokh Singh Chaudhary pay floral tributes to Martyr Bhagat Singh
Jalandhar Commissionerate Police busts an inter district narcotic smuggling gang with arrest of two smugglers
Jalandhar Commissionerate Police busts an inter district narcotic smuggling gang with arrest of two smugglers
Mansa all set to play host to grand Punjab State Games U-25 women from March 24 to March 27, DC
Mansa all set to play host to grand Punjab State Games U-25 women from March 24 to March 27, DC
Akali Dal rebel Gurtej Singh returns to party
Akali Dal rebel Gurtej Singh returns to party
SDM exhorts youths to exercise their franchise for stronger democracy
SDM exhorts youths to exercise their franchise for stronger democracy
District administration would organize two events to mark martyrdom of Shaheed Bhagat Singh
District administration would organize two events to mark martyrdom of Shaheed Bhagat Singh
MP Santokh Singh Chaudhary celebrates holi with grand “Pomp & Show” at his residence
MP Santokh Singh Chaudhary celebrates holi with grand “Pomp & Show” at his residence
Ex-Indian cricketer Gautam Gambhir joins BJP
Ex-Indian cricketer Gautam Gambhir joins BJP