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MARKET LIVE: Financials lift Sensex 400 points in rangebound trade

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MARKET LIVE | Markets | ACC

SI Reporter  | New Delhi 

EVENT HIGHLIGHTS

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The domestic equity were trading firm on Monday, with the benchmark indices rising one per cent, on the back of gains in bank stocks.

Among headline indices, the S&P BSE Sensex gained over 400 points, or 1 per cent, to 40,419 levels and the Nifty50 index topped the 11,850-mark. rose as much as 3 per cent after reporting a healthy set of September quarter result. Besides, ONGC (up 4%), ICICI Bank and HDFC (both up 2%) were the other top Sensex gainers. Reliance Industries also gained over 2 per cent.

Majority of the Nifty sectoral indices were trading in the green, led by Nifty Financial Service index, up 1.3 per cent

In the broader market, the S&P BSE MidCap and SmallCap indexes were trading 0.4 and 0.5 per cent higher, each.

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