Dynamite News Sensex jumps over 250 pts; metal stocks rally
The BSE benchmark Sensex rallied over 250 points in early trade Wednesday as metal, banking and realty stocks soared amid sustained buying by domestic institutional investors.
Mumbai: The BSE benchmark Sensex rallied over 250 points in early trade Wednesday as metal, banking and realty stocks soared amid sustained buying by domestic institutional investors.
Positive cues from other Asian markets too buoyed mood on Dalal Street.
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The 30-share index was trading 269.24 points, or 0.76 per cent, at 35,621.85. Similarly, the 50-share NSE Nifty rose 74.40 points, or 0.70 per cent, to 10,678.75.
The Sensex had settled 145.83 points lower at 35,352.61 in the previous session, while the Nifty had fallen 36.60 points to 10,604.35.
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Investors also took cues from other Asian equities that were trading positive on hopes of a resolution to US-China trade tiff.
Meanwhile, the rupee appreciated marginally to 71.31 against the US dollar in early session.(PTI)