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 BSE Sensex gains over 200 points
Economy

BSE Sensex gains over 200 points

Agency News

Mumbai, Jul 1: The benchmark index of Bombay Stock Exchange (BSE) sensex rallied over 200 points on Monday, tracking positive cues from global equities amid easing trade tension between the US and China.

At around 0930 hrs, the 30-pack Sensex traded in the green, up 187 points or 0.47 per cent at 39,581. Nifty followed suit, logging gains of 56 points or 0.47 per cent to trade at 11,845.Top gainers in the Sensex pack in early trade included Tata Steel, NTPC, Bajaj Auto, HDFC Bank, Axis Bank, Hero MotoCorp, PowerGrid and Tata Motors, rising up to 1.27 per cent. On the other hand, SBI, Yes Bank, Bharti Airtel, Maruti, HCL Tech, HUL and RIL were among the losers, shedding up to 0.78 per cent.

Meanwhile, GST 2.0 will start today as the Finance Ministry will come up with further reforms in the indirect tax system with the introduction of new return system, rationalisation of cash ledger system and a single refund-disbursing mechanism, among others. (UNI)