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.
A sharp fall in crude oil prices along with continuous foreign fund inflows helped the major indices -- Sensex and Nifty -- to gain over 0.50 per cent each on Wednesday.
Corporation Bank, the biggest recipient of the infusion, gained close to 20 per cent.
The Nifty traded at 10,667.25 during the morning trade session, up 26.30 points and 0.25 per cent.
In the BSE Sensex, 18 stocks, including Coal India, NTPC, were trading in red while 10 stocks including Yes Bank and ITC were trading in green.
Markets anticipate a rise in the Consumer Price Index (CPI), the retail inflation data in the month of January, analysts said.
