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Sensex zooms by over 292 points to recapture 28,000-mark; Nifty above 8,600-level

Sentiment was bolstered on reports that Rajya Sabha will take up the GST Bill for discussion this week amid a firming trend in global markets.


Sensex zooms by over 292 points to recapture 28,000-mark; Nifty above 8,600-level

Zee Media Bureau

New Delhi: The benchmark BSE Sensex jumped over 292 points to reclaim the 28,000-level Monday on across-the-board buying led by banking stocks amid sustained foreign fund inflows on optimism over GST bill's passage.

Moreover, a firming trend overseas as investors pinned their hopes on fresh Bank of Japan stimulus, too accelerated buying activity in domestic equities.

The 30-share index regained the psychological 28,000-mark by surging 292.10 points or 1.05 percent to 28,095.34 after moving in range of 28,110.37-27,736.51.

Sentiment was bolstered on reports that Rajya Sabha will take up the GST Bill for discussion this week amid a firming trend in global markets.

Also, the 50-share Nifty again went past the 8,600-mark by climbing 94.45 points or 1.11 percent to 8,635.65.

Those who notched up solid gains include Maruti Suzuki, SBI, ICICI Bank, HDFC Ltd, Sun Pharma, ONGC, Asian Paint, HDFC Bank and Cipla.

Globally, Hong Kong's Hang Seng gained 0.13 percent, Shanghai Composite up 0.10 percent while Japan's Nikkei rose by 0.38 percent.

With PTI Inputs

From Zee News

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