Sensex jumps 99 points, Nifty above 7,800
Sensex jumps 99 points, Nifty above 7,800
Share:

Mumbai, May 20, 2016: Market benchmark Sensex improved more 99 points and its NSE counterpart Nifty retook the 7,800-mark in early trade on a fresh spell of exchange in select blue-chips even as regulator Sebi constricted its strategy to check any misuse of P-Notes.

As per the broker said, “A firming trend in rest of Asia lifted sentiment “

They further said, “The 30-share index was trading up 99.23 points, or 0.39 %, at 25,498.95, with IT, consumer durables, capital goods, technology, power, auto and banking staying in the green”

The estimate had go down 379.89 points in the earlier two sessions.

The NSE Nifty-50 index was trading superior by 27.70 points, or 0.35 %, at 7,811.10.

Sebi yesterday made rules tougher on controversy-ridden P-Notes, making mandatory for all end-users of these overseas instruments to follow anti-money laundering law in India and asked their issuers to report any suspected breach immediately.

Hong Kong's Hang Seng scaled 1.06 % although Japan's Nikkei was up 0.24 % in early trade today. China's main Shanghai Composite gained 0.10 %.


The US Dow Jones Industrial Average ended 0.52 % inferior in yesterday's trade.

Join NewsTrack Whatsapp group
Related News