Sensex jumps 465 points, Nifty above 10,350

Oct 12 2018 09:55 AM
Sensex jumps 465 points, Nifty above 10,350

New Delhi: Indian Stock markets witnessed some relief on Friday morning when the BSE Sensex jumped 490.07 points. Sensex opened at 34,468.29, up by over 465 points in early trade.

The market saw healthy buying activity in banking, auto and FMCG stocks. It reversed yesterday's losses in the opening trade amidst recovery in the Indian currency rupee and declining crude prices that pushed up OMCs stocks. The measure had plunged over 1,000 points in intra-day trade on Thursday.

Here are other important details -

-The NSE Nifty lifted up by 157.15 points or 1.54 percent to 10,391.80.

-In the Sensex group, Yes Bank was the crown gainer

-M&M, Maruti, Adani Ports, Vedanta, Asian Paint, Indusind Bank, ITC, Heromoto Corp, Reliance, Axis Bank, Tata Steel were also include among the highest gainers.

-Investor wealth wrinkled by Rs 2.69 lakh crore  on Thursday hit hard by massive sell-off in the equity market .

-the BSE benchmark index dropped over 1,000 points in intra-day trade. The 30-share index plummeted 759.74 points, or 2.19 percent, to finish with 34,001.15.

-Following the puny show by equities, the market capitalization (m-cap) of BSE-listed companies saw an attrition of Rs 2,69,347.81 crore to Rs 1,35,70,402.59 crore.


With the Agency Inputs





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