Mid-Session: Market extends gain; Sensex crosses 28,800 on FIIs flow 06/09/2016 12:23

Mid-Session: Market extends gain; Sensex crosses 28,800 on FIIs flow
06/09/2016 12:23

NIFTY Fut               : BUY ZONE
BANKNIFTY FUT : BUY ZONE


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The key domestic benchmark indices continued to trade higher, holding early gains, in broad-based buying in late morning deal on Tuesday as worries over a near-term US interest rate hike eased after US Friday’s jobs data came in below expectations. Gains in rate sensitive financial, auto and realty stocks coupled with sustained foreign fund inflows amid a firm trend overseas also gave a lift to market sentiments.

At 12:10 PM, the Bombay Stock Exchange bellwether Sensex was at 28813.4, up by 281.29 points or by 0.99 per cent, and the NSE Nifty was at 8895.05, up by 85.4 points or by 0.97 per cent.

On the sectoral front, all the thirteen indices were trading in green while rate sensitive financial and auto stocks were leading the gain, adding as much as 2.01 per cent and 1.59 per cent respectively.

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