Sensex jumps over 200 pts; bank, metal stocks soar
Domestic equity benchmark BSE Sensex jumped over 200 points in early trade Thursday tracking strong cues from global markets after US Federal Reserve Chairman Jerome Powell hinted at a rate cut soon.The 30-share index, however, gave up some gains to trade 106.35 points, or 0.28 per cent, higher at 38,663.39 at 0930 hours. Similarly, the broader Nifty rose 33.80 points, or 0.29 per cent, to 11,532.70.Top gainers in the Sensex pack included Vedanta, Tata Steel, SBI, Tata Motors, ONGC, PowerGrid, Yes Bank, Sun Pharma and M&M, rising up to 2…
Read More