<p> The benchmark BSE Sensex today notched up its sixth rise in last seven sessions, gaining over 75 points to close at a fresh two-week high of 28,298.13, on foreign fund inflows and sustained buying by retail investors.<br /><br /></p>.<p>The gains were led capital goods, healthcare and consumer durables as the global trend remained mixed.<br /><br />Markets got a boost on above-estimate earnings numbers from blue-chips.<br />Sentiment perked up after it became clear that EPFO could invest more in equities next fiscal by raising the current limit of 5 per cent of total investible assets.<br /><br />In an otherwise volatile trade, the benchmark index resumed better, but dropped for a while as profit-booking kicked in. But it quickly bounced back to hit a high of 28,359.96 and settled the day at 28,298.13 -- a gain of 75.05 points, or 0.27 per cent.<br />The gauge had gained 151.15 points in yesterday's trade.<br /><br />The 50-share NSE Nifty after reclaiming the 8,600-mark ended up 20.70 points, or 0.24 per cent, at 8,588.65.<br /><br />There has been a definite streak of bullishness mostly because foreign funds and retail investors are ramping up their bets since the beginning of the August derivatives series, brokers said.<br /><br />Of the 30-share Sensex pack, 18 ended with gains while 12 finished lower.<br />Among pharma stocks, Dr Reddy’s climbed 1.79 per cent to close at Rs 4,270.10 after hitting an all-time high of Rs 4,325 after the company signed a marketing pact with US-based biotechnology firm Amgen to market its three drugs.<br /><br />Other drugmakers such as Lupin jumped 1.37 per cent, Sun Pharma 0.64 per cent and Cipla 0.51 per cent.<br /><br />Globally, a mixed closing at other Asian markets and a lower opening in Europe influenced sentiment.<br /><br />Other Sensex gainers included L&T, Tata Motors, TCS, SBI, M&M and Axis Bank.<br />However, shares of Nestle India tanked 5.03 per cent after food safety watchdog FSSAI said it has not given any clean chit to the banned Maggi noodles as it rubbished all-clear reports from two of its empaneled labs, citing lapses in tests.<br /><br />Sectorally, the BSE consumer durables index gained the most by rising 1.91 per cent, followed by capital goods, healthcare, auto and banking.<br /><br />Meanwhile, foreign investors net bought shares worth Rs 447.90 crore yesterday, as per provisional data.<br /></p>
<p> The benchmark BSE Sensex today notched up its sixth rise in last seven sessions, gaining over 75 points to close at a fresh two-week high of 28,298.13, on foreign fund inflows and sustained buying by retail investors.<br /><br /></p>.<p>The gains were led capital goods, healthcare and consumer durables as the global trend remained mixed.<br /><br />Markets got a boost on above-estimate earnings numbers from blue-chips.<br />Sentiment perked up after it became clear that EPFO could invest more in equities next fiscal by raising the current limit of 5 per cent of total investible assets.<br /><br />In an otherwise volatile trade, the benchmark index resumed better, but dropped for a while as profit-booking kicked in. But it quickly bounced back to hit a high of 28,359.96 and settled the day at 28,298.13 -- a gain of 75.05 points, or 0.27 per cent.<br />The gauge had gained 151.15 points in yesterday's trade.<br /><br />The 50-share NSE Nifty after reclaiming the 8,600-mark ended up 20.70 points, or 0.24 per cent, at 8,588.65.<br /><br />There has been a definite streak of bullishness mostly because foreign funds and retail investors are ramping up their bets since the beginning of the August derivatives series, brokers said.<br /><br />Of the 30-share Sensex pack, 18 ended with gains while 12 finished lower.<br />Among pharma stocks, Dr Reddy’s climbed 1.79 per cent to close at Rs 4,270.10 after hitting an all-time high of Rs 4,325 after the company signed a marketing pact with US-based biotechnology firm Amgen to market its three drugs.<br /><br />Other drugmakers such as Lupin jumped 1.37 per cent, Sun Pharma 0.64 per cent and Cipla 0.51 per cent.<br /><br />Globally, a mixed closing at other Asian markets and a lower opening in Europe influenced sentiment.<br /><br />Other Sensex gainers included L&T, Tata Motors, TCS, SBI, M&M and Axis Bank.<br />However, shares of Nestle India tanked 5.03 per cent after food safety watchdog FSSAI said it has not given any clean chit to the banned Maggi noodles as it rubbished all-clear reports from two of its empaneled labs, citing lapses in tests.<br /><br />Sectorally, the BSE consumer durables index gained the most by rising 1.91 per cent, followed by capital goods, healthcare, auto and banking.<br /><br />Meanwhile, foreign investors net bought shares worth Rs 447.90 crore yesterday, as per provisional data.<br /></p>