Sensex jumps 1,078 points to settle at 6-week high; here is why
5 days, 3 hours ago

Sensex jumps 1,078 points to settle at 6-week high; here is why

Hindustan Times  

Benchmark BSE Sensex surged by 1,078 points to close at a six-week high on Monday as fresh foreign fund inflows and buying in banking and oil & gas shares helped the index extend the winning run to the sixth day. The 30-share BSE Sensex jumped 1,078.87 points or 1.40 per cent to settle at 77,984.38, a level not seen since February 6. From the Sensex pack, NTPC rose the most by 4.61 per cent amid reports that the power PSUs is likely to gain from Indian Railways' shift to renewable and nuclear power. The BSE midcap gauge jumped 1.32 per cent and smallcap index climbed 1.17 per cent. All BSE sectoral indices ended higher, with bankex rallying 2.53 per cent, utilities, power, industrials, financial services, capital goods and realty.

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