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Also, the NSE Nifty surged 17.95 points, or 0.22 per cent, to 8,897.15.
Brokers said that a pick-up in buying activity coupled with covering-up of short position by speculators in the face of February month’s expiry in the derivatives segment on Thrusday had a positive impact too.
Firming trend at other Asian markets was another factor behind today’s rally on the domestic bourses here.
In other Asian markets, Japan’s Nikkei was up 0.46 per cent while Hong Kong’s Hang Seng rose 0.04 per cent in early trade today. Shanghai Composite Index edged higher by 0.15 per cent.
The US markets remained closed yesterday for a public holiday.
(Sourced from agencies, feature image courtesy:financialexpress.com)
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