Sensex rallies over 264 points Nifty tops 11 500

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Sep, 14

Markets recorded positive movement early on Monday morning with gains in index majors amid positive global cues and fresh foreign fund inflow.

The 30-share BSE index was trading 265.15 points or 0.68 per cent higher at 39,119.70 while the NSE Nifty rose 68.60 points or 0.60 per cent to 11,533.05.

HCL Tech, Tech Mahindra, Infosys, TCS, ONGC, M&M, Axis Bank, SBI, IndusInd Bank, RIL, HDFC and Titan were among companies that were doing well. On the other hand Asian Paints, Sun Pharma, HUL, Bajaj Finance, Bharti Airtel, Nestle, Powergrid, Maruti, Kotak Bank, Bajaj Finserve, Bajaj Auto and ITC were faring badly.

Exchange data showed that foreign institutional investors bought equities worth Rs 1,175.81 crore on a net basis on Friday.

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