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Sensex, Nifty raise points in early hours of trade

Sensex, Nifty raise points in early hours of trade

Domestic markets. Sensex rose over 900 points in the early hours of trade today. There has been financial gains in IT and FMCG stocks following the rise in the global equities amid the novel corona virus scare.

After hitting a high of 30,847.10, the 30-share BSE barometer was trading 925.67 points or 3.10 per cent higher at 30,819.63.

Similarly, the NSE Nifty was quoting 270.05 points, or 3.09 per cent, up at 9,018.80.

HDFC was the top gainer in the Sensex pack, surging up to 5 per cent, followed by Maruti, Bharti Airtel, Bajaj Finance, Tata Steel, Hero MotoCorp and ICICI Bank.

On the other hand, HUL was the sole laggard.

Brent crude futures, the global oil benchmark, rose 1.55 per cent to USD 33.34 per barrel.

The death toll due to the novel coronavirus in India rose to 166 and the number of cases to 5,734, according to the Union Health Ministry.

Global tally of the infections has crossed 14.8 lakh, with over 88,000 deaths.

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