Wednesday, 28 December 2016

Sensex gains 100 points, Nifty above 8,050 ahead of F&O expiry

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Extending gains for the second straight day, the benchmark indices continued to trade higher tracking positive trend seen in Asian markets after Wall Street rose supported by upbeat consumer and housing data. Sentiment was also influenced by rollovers of futures and options contracts of the December series ahead of Thursday’s expiry. At 11:22 am, the S&P BSE Sensex was trading at 26,304, up 91 points, while the broader Nifty 50 was ruling at 8,066, up 34 points.

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