Sensex jumps by over 400 points, banking stocks surge

Sun, 20 Oct 2019

Sensex jumps by over 400 points, banking stocks surge

ANI
09 Oct 2019, 18:18 GMT+10

Mumbai (Maharashtra) [India], Oct 9 (ANI): Equity benchmark indices bucked morning losses and extended gains in the afternoon trade on Wednesday as buying pressure built up on hopes of rosy corporate earning results for the second quarter.

At 1:20 pm, the BSE SP Sensex was up by 407 points at 37,941 while the Nifty 50 edged higher by 114 points to 11,241. At the National Stock Exchange, most sectoral indices turned green except for FMCG, IT and media.

Among stocks, Bharti Airtel emerged as the top winner with gains of 4.4 per cent to trade at Rs 356.70 per share. IndusInd Bank was up by 4.1 per cent, UltraTech Cement by 3.7 per cent, MahindraMahindra by 3.1 per cent and ICICI Bank by 2.8 per cent.

But Yes Bank was down by 3.8 per cent at Rs 43.90 per share after gaining for two straight sessions. Titan, Zee Entertainment, HCL Technologies and ITC too were in the red.

Meanwhile, Asian markets were sharply lower as US-China trade frictions persisted even as officials from the two countries meet this week to work out a deal.

(ANI)

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Denmark Sun.

More Information

Europe

Section

UK prime minister vows to leave EU by 31 October after losing poll

LONDON, UK - British Prime Minister Boris Johnson is sticking to his guns despite failing to get parliamentary backing to ...

Venezuelans win seat on Human Rights Council despite U.S. opposition

NEW YORK, New York - Despite fierce opposition by the United States, Venezuela won a seat on the UN Human ...

EU says Turkish offensive undermining fight against Daesh

LUXEMBOURG - All countries in the European Union have agreed to impose a ban on the sale of weapons to ...

Johnson faces calls to delay Brexit after defeat in parliament

Boris Johnson is under pressure to ask the European Union to postpone Brexit after Parliament refused to approve the deal ...

Wawrinka ends teenager Sinner's Antwerp adventure

Antwerp - Stan Wawrinka ended Italian teenager Jannik Sinner's fine run at the European Open in Antwerp on Saturday, the ...

Ahlers bags 2nd win of season with Selborne victory

Pennington - Jaco Ahlers turned a great par-save on Saturday into a second victory of his Sunshine Tour season when ...

Scandinavia

Section

Shapovalov into first ATP final in Stockholm

Stockholm - Highly-rated Denis Shapovalov reached his first ATP final on Saturday when he swept past Japanese lucky loser Yuichi ...

North Macedonia PM Calls For Snap Elections

North Macedonia Prime Minister Zoran Zaev has called for early elections after the European Union failed to open membership talks ...

Lampard unhappy with France over Kante injury

London - Chelsea manager Frank Lampard has taken a swipe at France boss Didier Deschamps after N'Golo Kante was injured ...

Researchers develop cheaper method to identify aggressive tumours

Washington D.C. [US], Oct 18 (ANI): In a recent study conducted by the researchers at Karolinska Institute in Sweden, a ...

Digital platforms: making the world a more complicated place

Digital platforms, the websites and apps which compete for our precious screen time, have successfully invaded the traditional territory of ...

3rd World Champs medal for Mackenzie, Evans

Shaoxing - Another exciting day of racing at the ICF Canoe Marathon World Championships saw South Africa's under 18 pair ...

Movie Review

Sicario: Day of the Soldado