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Sensex jumps 396.22 pts
Economy

Sensex jumps 396.22 pts

Agency News

Mumbai, Sep 26 : The BSE Sensex on Thursday surged by 396.22 points to 38,989.74 supported by easing crude oil prices and positive news on the US-China trade war front.

The National Stock Exchange (NSE) too rose by 133.10 points to 11,573.30. In the broader markets, the S&P BSE Small-Cap index rose 0.42 pc. The S&P BSE Mid-Cap index rose 0.92 pc. Sliding by 503 points on Wednesday, the Sensex opened on a strong note at 38,700.48, up by 207 points. It remained in green throughout the day. During the day it spurted 565 points to 39,158.07 before closing at 38,989.74, advancing by 396.22 points from its last close. The secoral indices include Realty, Materials, Metal, Energy, Auto and Oil and Gas rallied while selling in Technology and IT capped from further gain, broker informed.

In scrips, VEDL, M &M, ONGC, ICICI Bank and Tata Steel moved up while Yes Bank, Infosys, Hind Unilever and HDFC slipped during the day. On the BSE, 1211 shares rose and 1177 shares fell. A total of 168 shares remain unchanged. In Nifty 50 index, 41 stocks advanced and 9 stocks declined. Overseas, European shares traded higher while Asian stocks ended mixed on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets. UNI