LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
»
1-min read

Sensex Bounces 130 Points, Banking Shares Jump

Expectations built up that Friday's meeting of the GST Council may provide some relief to exporters and SMEs in terms of faster refunds and compliance.

PTI

Updated:October 6, 2017, 10:23 AM IST
facebookTwittergoogleskypewhatsapp
Sensex Bounces 130 Points, Banking Shares Jump
Representative image
Loading...
Mumbai: The benchmark Sensex surged over 130 points in the opening session on Friday, shaking off its earlier weakness, as oil and banking shares took spotlight.

The broader NSE Nifty regained the 9,900-mark.

Expectations built up that Friday's meeting of the GST Council may provide some relief to exporters and SMEs in terms of faster refunds and compliance.

The 30-share index rebounded by 130.10 points, or 0.41 per cent, to 31,722.13. The gauge had lost 79.68 points in the previous session after investors shaved off profit.

Reflecting the widespread recovery, all the sectoral indices led by consumer durables, metal and oil and gas were trading in the green, adding up to 1.01 per cent.

The NSE Nifty also moved up by 40.80 points, or 0.41 per cent, to quote at 9,929.50.

Traders said gains at most Asian markets tracking rallies on Wall Street following more buoyant US data and hopes of tax reforms bolstered trading sentiment here.

Catch the Biggest Newsmakers and the Biggest Newsbreaks on CNN-News18, your favourite English TV news channel. Keep watching CNN-News18 at just 50 Paise per Month. Contact your cable /DTH operator Now!
*Rental / capacity fee of Rs.130/- as charged by cable / DTH operator may apply. **GST extra.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwittergoogleskypewhatsapp
Most Active
Company Price Change %Gain
Sun Pharma 430.50 2.76
Reliance 1,232.35 -0.23
Yes Bank 197.60 2.81
ICICI Prudentia 306.15 -11.26
ITC 283.10 -2.30
Company Price Change %Gain
Sun Pharma 430.80 3.05
Ratnamani Metal 855.00 -6.50
Yes Bank 197.70 2.92
Hathway Cable 31.55 2.60
Bombay Burmah 1,223.10 0.23
Top Gainers
Company Price Change %Gain
Yes Bank 197.60 2.81
Sun Pharma 430.65 2.79
Wipro 354.30 2.25
Zee Entertain 433.25 1.88
Tata Steel 464.10 1.65
Company Price Change %Gain
Sun Pharma 430.60 3.00
Yes Bank 197.70 2.92
Tata Steel 463.90 1.55
HUL 1,771.75 1.25
Bajaj Finance 2,638.50 0.84
Top Losers
Company Price Change %Gain
Grasim 783.50 -2.59
Indiabulls Hsg 780.70 -2.09
ITC 283.10 -2.30
Infosys 733.35 -1.61
TCS 1,874.50 -1.44
Company Price Change %Gain
ITC 283.15 -2.28
Infosys 733.10 -1.51
HDFC 1,958.25 -1.23
M&M 699.30 -1.24
NTPC 141.20 -1.12

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results