Sensex Surges 230 Points; Banking Stocks Gain

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

Published: 02nd January 2015 10:07 AM  |   Last Updated: 02nd January 2015 10:08 AM   |  A+A-

3
By IANS

MUMBAI: 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.

Stay up to date on all the latest Business news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp