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Sensex surges over 400 pts in early trade; Nifty tops 14,850

Sumary of Sensex surges over 400 pts in early trade; Nifty tops 14,850:

  • Equity benchmark Sensex rallied over 400 points in early trade on Thursday, led by gains in ICICI Bank, HDFC Bank and Reliance Industries amid positive cues from global markets and foreign fund inflows…
  • Bajaj Finance was the top gainer in the Sensex pack, rising around 3 per cent, followed by ONGC, M&M, Maruti, ICICI Bank, SBI, HFC twins and Reliance Industries…
  • In the previous session, the Sensex ended 562.34 points or 1.12 per cent lower at 49,801.62, while the Nifty slumped 189.15 points or 1.27 per cent to finish at 14,721.30…
  • According to VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services, the outcome of the US Federal Reserve policy meet is very positive for equity markets….

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