Sensex surges 230 points; banking stocks gain

Image courtesy: Online Media Sources

A benchmark index of Indian equities markets Friday surged 229.63 points or 0.83 percent as banking stocks gained.

All the sectors were trading in green and the rally was led by banking, auto and capital goods sectors.

The 30-scrip Sensitive Index (Sensex) of the S&P Bombay Stock Exchange (BSE), which opened at 27,521.28 points, was trading at 27,737.17 points (at 09.38 a.m.) in the early session, up 229.63 points or 0.83 percent from the previous day’s close at 27,507.54 points.

The Sensex has touched a high of 27,743 points and a low of 27,519.26 points in the trade so far.

The S&P bankex surged by 170.79 points, auto index moved up by 130.68 points and capital goods index increased by 106.57 points.

The wider 50-scrip Nifty of the National Stock Exchange (NSE) was also trading 72.25 points or 0.87 percent up at 8,356.25 points.

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