Sensex, Nifty Set for Upward Start on Positive Cues

13 Mar 2024 , 09:05 AM

The benchmark Sensex and Nifty indices are poised to open higher on March 13, with the GIFT Nifty signaling a positive start for the broader index, indicating a gain of 27.50 points or 0.12%. Nifty futures were trading around the 22,466.50 level.

In the previous session on March 12, the Indian benchmark indices closed on a mixed note. The BSE Sensex rose by 165.32 points or 0.22% to 73,667.96, while the Nifty gained three points or 0.01% to 22,335.70.

On March 11, profit-taking was evident in Bank Nifty following a consistent upward trend in recent trading sessions, with the banking index declining by 508 points or 1.06% to 47,328.

According to provisional data from the NSE, Foreign Institutional Investors (FIIs) net bought shares worth ₹73.12 Crore, while Domestic Institutional Investors (DIIs) purchased stocks worth ₹2,358.18 Crore on March 12.

The NSE has included National Aluminium Company and Piramal Enterprises in the F&O ban list for March 13, while retaining Aditya Birla Fashion & Retail, Hindustan Copper, Manappuram Finance, Mahanagar Gas, SAIL, Tata Chemicals, and Zee Entertainment Enterprises on the said list.