Bank stocks surge as Sensex rises almost 300 points; Nifty above 10,700

NEW DELHI: After registering weekly loss within the closing seven days of trading, the markets got off to a buoyant start on Monday as Sensex and Nifty received nearly a according to cent each.


30-share BSE Sensex closed at 35,208.14, up 292.76 points. The broader 50-share NSE Nifty received just about 100 points to regain the 10,700-mark.


The surge in Street came on again of financial institution stocks because the Nifty PSU Bank sub-index received in way over 2 according to cent. Other primary sub-indices- Auto and FMCG also closed 1.50 according to cent above earlier final. IT and pharma have been the only sub-indices to near within the detrimental territory.


Mahindra and Mahindra, Axis Bank, Tata Steel and ICICI Bank have been the major gainers while Coal India, TCS and Dr Reddy misplaced probably the most.



Bank stocks surge as Sensex rises almost 300 points; Nifty above 10,700 Bank stocks surge as Sensex rises almost 300 points; Nifty above 10,700 Reviewed by Kailash on May 07, 2018 Rating: 5
Powered by Blogger.