Benchmark indices rebound after three days of decline
The BSE Sensex closed 218.14 points higher to 81,224.75 on October 18 while NSE Nifty rose 104.20 points to 24,854.05.
The BSE Sensex closed 218.14 points higher to 81,224.75 on October 18 while NSE Nifty rose 104.20 points to 24,854.05.
GIFT Nifty, which stands as a new benchmark to the growth story of Indian equity market, saw open interest of 399,188 contracts worth $20.84 billion (about Rs 1,74,275 crore), said the National Stock Exchange (NSE).
Shares of Bajaj Housing Finance made a strong debut on stock markets on Monday.
Indian equity indices closed flat on Tuesday amid mixed global signals and the absence of significant new catalysts.
GIFT Nifty recorded all-time high monthly turnover of $100.13 billion in August, setting a new benchmark to the growth story of Indian equity market.
The S&P BSE Sensex index rose as much as 216.34 points to 39,306.37 in early trade and declined 317.00 points from that level to hit 38,950.10
The Sensex surged 1,075 points or 2.83 per cent to close at 39,090 and Nifty 50 index rose 329 points or 2.92 per cent to end at 11,603.
The benchmark S&P BSE Sensex closed at 1,921 points or 5.32 per cent to settle at 38,014.62, the Nifty50 index ended at 11,274 levels, up 569 points or 5.32 per cent, with 44 out of 50 constituents advancing and 6 endings in the red.
Sensex was up 82.79 points at 36,563.88, while Nifty was up 23.10 points at 10,840.70. About 1236 shares have advanced, 1227 shares declined, and 156 shares are unchanged.
The S&P BSE Sensex index rose as much as 225.52 points to 36,706.61 in early trade, and the broader NSE Nifty benchmark climbed to 10,884.70, up 67.1 points from the previous close.
