Sensex Jumps Over 250 Points\, Nifty Hits 11\,100: 10 Things To Know

Sensex Jumps Over 250 Points, Nifty Hits 11,100: 10 Things To Know

The Sensex and Nifty had ended 1.74 per cent and 1.63 per cent higher respectively on Friday.

Market | Edited by | Updated: August 09, 2019 09:38 IST
Sensex Jumps Over 250 Points, Nifty Hits 11,100: 10 Things To Know

Buying across most sectors, led by banking and energy shares, supported the markets

Extending gains to a second straight session, domestic stock markets started Friday's session on a higher note tracking advances in Asian peers. The S&P BSE Sensex index rose as much as 284.51 points in early trade to 37,611.87, and the broader NSE Nifty benchmark climbed to 11,121.85, up 89.4 points from the previous close. Buying across most sectors, led by banking and energy shares, supported the markets. Friday's gains came a day after reports that the government is likely to exempt foreign portfolio investors from higher taxes triggered a surge in the markets.