FIRST TRADE: Nifty hits record high, Sensex up over 200 pts; Bajaj Auto surges over 3%

Stock market today: The domestic equity indices opened with solid gains on Friday, September 15, tracking Asian peers, as stronger-than-expected macroeconomic data from China and easing US rate hike concerns aided sentiment. Nifty hit a record high during the opening session.

Last seen, the S&P BSE Sensex was up 211.66 points, or 0.31 per cent, at 67,730.66, and the NSE Nifty was up 60.35 points, or 0.30 per cent, at 20,163.45.

In the broader market, the Nifty Mid Cap 100 and Small Cap 100 opened in green.

Nifty Bank traded 0.27 per cent higher at 46,123.6.

BUZZING STOCKS

Indian Hotel Company stock was up over 1 per cent after the company signed an agreement for a Taj Hotel in Frankfurt, Germany under an operating lease arrangement.

Siyaram Silk Mills shares were up over 4 per cent after the company raised its buyback price to Rs 720 per share. 

Titagarh Rail Systems stock was up over 3 per cent after HSBC maintained a 'buy' rating on the stock.

Strides Pharma Science was up over 9 per cent after the company received tentative approval from the United Nations Food and Drug Administration (USFDA) for dolutegravir 50 mg tablet.

Patel Engineering shares were up over 4 per cent after the company along with its joint venture partner, has been declared the lowest bidder (L1) for an irrigation project of Rs 249.96 crore.

Oil India shares were up over 3 per cent after its plans to invest Rs 25,000 crore in clean energy projects.

Bharat Forge stock hit a 52 week high after Paramount announced a broadening of its development and manufacturing partnership with Bharat Forge Ltd.

GLOBAL MARKETS

Asian stocks rose strongly on Friday, extending a global equity rally, after better-than-expected Chinese economic data added to the good vibes from expectations that tightening campaigns by the world's biggest central banks were close to over.

(With agency inputs)

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