The Economic Times daily newspaper is available online now.

    Sensex jumps 200 points, Nifty50 tops 10,850; Vedanta rallies 5%

    Synopsis

    Vedanta was among the top Sensex gainer and jumped nearly 5 per cent in opening trade.

    Sensex jumps 200 points, Nifty reclaims 10,850
    NEW DELHI: The benchmark indices extended their winning streak to the fifth consecutive session and opened in the green on Monday following mixed global cues ahead of the US Fed Policy meet to be held on Wednesday.

    Asian share markets were trading on a cautious note hobbled by mounting risks to global growth. Although, a dip in crude oil prices provided a lift to investor sentiment back home.

    Around 9:30 am, the BSE Sensex was trading 230.77 points, or 0.64 per cent higher at 36,193.70, while its NSE counterpart Nifty rallied 55.05 points, or 0.51 per cent, to 10,860.50.

    In the 30-share index, 27 stocks gained while just three declined.

    Vedanta was among the top Sensex gainer, rallying nearly 5 per cent after Sterlite Copper, a subsidiary of Vedanta Ltd, Saturday welcomed the National Green Tribunal (NGT) order allowing the company to resume operations at its unit at Tuticorin, Tamil Nadu. Other gainers on Sensex included Powergrid, NTPC, Coal India, Adani Ports and YSE Bank.

    On the other hand, Hero Moto Corp Was the biggest drag on the index, followed by L&T and Asian Paints.

    Among Nifty stocks, 40 advanced while 10 declined.

    On the BSE sectoral front, barring IT, telecom, realty and teck all the other sectoral indices witnessed gains with BSE power surging the most.

    BSE Midcap was trading with a gain of 0.49 per cent while the BSE Smallcap gained 0.26 per cent.



    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in