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Sensex jumps nearly 300 pts; Nifty tests 11,300
Equity benchmark Sensex jumped nearly 300 points in opening session on Thursday tracking positive cues from global equities as central banks across the global prepare to combat the economic pressure of the coronavirus outbreak.
Mumbai: Equity benchmark Sensex jumped nearly 300 points in opening session on Thursday tracking positive cues from global equities as central banks across the global prepare to combat the economic pressure of the coronavirus outbreak.
After surging 299 points in early trade, the 30-share index was up 191.75 points, or 0.50 per cent, at 38,601.23, and the NSE Nifty rose 49.25 points, or 0.44 per cent, to 11,300.25.
Also Read: Sensex rallies over 500 pts; Nifty tests 11,300
HUL, HCL Tech, Tata Steel, Nestle India, TCS and Asian Paints were among the top gainers, while ICICI Bank, L&T, PowerGrid, NTPC and Reliance Industries were trading in the red.
In the previous session, the 30-share BSE barometer settled 214.22 points or 0.55 per cent lower at 38,409.48, and the Nifty closed 52.30 points or 0.46 per cent down at 11,251.
Also Read: Sensex, Nifty start on a choppy note; TCS shares fall
The rupee depreciated marginally to 73.45 against the US dollar in morning session. Global oil benchmark Brent crude futures jumped 1.37 per cent to USD 51.83 per barrel.(PTI)