Advertisement

HindustanTimes Wed,22 Oct 2014

Sensex rallies by 300 points in morning deals

PTI  Mumbai, November 25, 2013
First Published: 10:08 IST(25/11/2013) | Last Updated: 12:01 IST(25/11/2013)

The benchmark S&P BSE Sensex surged 300 points in morning trade on Monday, triggered by firm global cues after an accord was reached to limit Iran's nuclear programme.

The 30-share index opened higher at 20,326.66 and firmed up further to 20,533.28 before quoting 20,516.50 points at 1030 hours. It gained 299.39 points, or 1.48%, from the previous close.

There was buying in banking, capital goods, realty, FMCG, metal and PSU sector stocks.

The 50-share CNX Nifty moved up 91.20 points, or 1.52%, to 6,086.65 at 1030 hours.

The major gainers were ICICI Bank (3.52%), Larsen & Toubro (2.8%), Sesa Sterlite (2.32%), HDFC Bank (2.30%), Hero MotoCorp (2.23%), Tata Motors (2.09%) and ITC (2.01%).

Asian stocks rose in early trade. Key indices in Taiwan, Hong Kong, Indonesia, Japan, Singapore and South Korea rose by 0.17% to 1.31%. China's Shanghai Composite rose 0.32%.

Iran reached a deal with world powers in Geneva on Sunday to slow it's controversial nuclear programme in return for about $7 billion in sanctions relief.

READ: Rupee advances 37 paise to 62.50 against dollar


Advertisement
more from Business

Gold is glittering this Dhanteras

Gold is glittering this Dhanteras as jewellers are experiencing good sales driven by better prices compared to last year. Last year, there was a supply crunch of gold in the market after the government hiked its import duty to 15% to curb higher import as that was causing imbalance in the current account deficit in the country.
markets
Advertisement
Most Popular
Advertisement
Advertisement
Copyright © 2014 HT Media Limited. All Rights Reserved