Sensex gains 157 pts on F&O expiry, positive worldwide cues

Mumbai, Dec 27 Rising for the second straight day, the BSE benchmark Sensex bounced 157 points Thursday in the midst of expiry of December arrangement subordinates contracts and positive worldwide signs.

In the wake of reviving near 400 points prior in the session, the 30-share index pared a few gains however completed 157.34 points, or 0.44 percent, higher at 35,807.28.

The more extensive NSE Nifty rose 49.95 points, or 0.47 percent, to 10,779.80.

The greatest gainers on both the bourses were Reliance Industries, Infosys, NTPC, ONGC, HUL, PowerGrid, Asian Paints, ITC and HCL Tech, ascending to 2 percent.

Then again, Hero MotoCorp, Bharti Airtel, Tata Motors, Tata Steel and Maruti Suzuki fell up to 2 percent.

Worldwide sentiment improved as tensions between the White House and US Fed eased. Be that as it may, a strengthening dollar activated minor benefit booking, specialists said.

Banking stocks fell in the midst of reports that the government was likely going to mix Rs 28,615 crore into seven open segment banks (PSBs) through recapitalisation bonds by the end of this month.

The rupee, meanwhile, weakened against the US dollar, and was trading at 70.28 a dollar, down 0.27 percent from its past close.

Brent rough prospects dropped 3.78 percent to USD 53.20 per barrel.

On a net premise, outside portfolio financial specialists (FPIs) purchased shares worth Rs 80.28 crore Wednesday, while household institutional speculators (DIIs) were net venders to the tune of Rs 137.63 crore, temporary information accessible with BSE appeared.

Somewhere else in Asia, Japan's Nikkei flooded 3.88 percent and Korea's Kospi finished 0.02 percent higher, while Hong Kong's Hang Seng fell 0.67 percent and Shanghai Composite Index slipped 0.61 percent.

In Europe, Paris CAC rose 0.15 percent, while Frankfurt's DAX fell 1.41 percent. London's FTSE fell 0.63 percent